As you know from our prior alerts, creditors of borrowers formed as Delaware LLCs (as opposed to corporations) lack standing under Delaware law to sue directors for breaching fiduciary duties even ...
Attempts to move bankruptcy proceedings from Delaware to the Bahamas need to stop, attorneys for FTX argue in a new adversary proceeding. A complaint in the global Chapter 11 case was filed Sunday by ...
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Court refuses to enforce Delaware statutory provision stripping LLC interests upon bankruptcy filing
January 3, 2024 - In In re Envision Healthcare Corp., No. 23-90342, the United States Bankruptcy Court for the Southern District of Texas (Judge Christopher Lopez) addressed a "direct conflict" ...
Personal care wholesaler High Ridge Brands is seeking to disqualify Debevoise & Plimpton as opposing counsel in a bankruptcy case, alleging at least nine Debevoise attorneys worked with High Ridge on ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
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