A New Way Of Looking At Termination On Bankruptcy Contract Clauses
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California Court of Appeal Provides Guidance For Directors Of Financially Distressed California Corporations
As I have reported over the past several years, Delaware courts, including the Delaware Supreme Court, have addressed the nature of a director's fiduciary duties when a Delaware corporation is insolvent or in the "zone of insolvency," most ... Read full article
Delaware Supreme Court Affirms Ruling Protecting Managers Of Insolvent LLCs
Creditor Derivative Claims Against Fiduciaries Of Insolvent Corporate Entities. In a 2007 decision in North American Catholic Educational Programming, Inc. v. Gheewalla, et al., 930 A.2d 92 (Del. ... Read full article
New Ruling Finds Important Protection For Managers Of Insolvent Delaware LLCs
Derivative Claims Against Directors Of An Insolvent Delaware Corporation . With its 2007 decision in North American Catholic Educational Programming, Inc. v. Gheewalla, et al., 930 A.2d 92 (Del. 2007), the Delaware Supreme Court held that directors of an ... Read full article
Delaware Supreme Court Affirms Ruling Protecting Managers Of Insolvent LLCs
Creditor Derivative Claims Against Fiduciaries Of Insolvent Corporate Entities. In a 2007 decision in North American Catholic Educational Programming, Inc. v. Gheewalla, et al., 930 A.2d 92 (Del. ... Read full article
California Court of Appeal Provides Guidance For Directors Of Financially Distressed California Corporations
As I have reported over the past several years, Delaware courts, including the Delaware Supreme Court, have addressed the nature of a director's fiduciary duties when a Delaware corporation is insolvent or in the "zone of insolvency," most ... Read full article
New Ruling Finds Important Protection For Managers Of Insolvent Delaware LLCs
Derivative Claims Against Directors Of An Insolvent Delaware Corporation . With its 2007 decision in North American Catholic Educational Programming, Inc. v. Gheewalla, et al., 930 A.2d 92 (Del. 2007), the Delaware Supreme Court held that directors of an ... Read full article