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News Topic: business judgment rule

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  • If the Shoe Fits . . . . Defendants in Nine West D&O Litigation Fail to Convince Judge to Dismiss Claims for Breach of Fiduciary Duty and Recovery of Fraudulent Transfers

    Feb 3, 2021

    A recent decision by Judge Jed Rakoff of the Southern District of New York highlights the risks faced by directors and officers of companies in financial distress who fail to undertake properly their duties to the company and its stakeholders. ... Read full article

    Categories:
    • Bankruptcy Blogs
    • BankruptcyLawInsights
    • business judgment rule
    • Chapter 11
    • fraudulent transfer
    • Jones Group
    • Judge Jed S. Rakoff
    • Nine West Holdings
    • solvency opinion
    • Sycamore Partners
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