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Congress Faces Pressure To Narrow 546e Safe Harbor Exception

Judge Shannon is second judge to press Congress to narrow section 546e safe harbor. Judge Robert Drain warned, that section 546e overbroad exemption has enabled private equity companies to siphon billions in debt-funded dividends from the companies they own.

United statesRobertd drainBrendan shannonQuorum healthCommunity health systems incHolding ii corpQuorum health corpJudge brendan shannonJudge robert drainJudge shannonJudge drainTops holdingBankruptcy codeCommunity health systemsDistribution agreementSpin off dividend

546(e) s Not-So-Safe Harbor: Second Influential Judge Echoes Concerns that Broad Exemption Shelters Pirates | Bracewell LLP

Delaware Judge Brendan Shannon has joined calls for reforming Section 546(e) of the bankruptcy code, echoing concerns that the section’s safe harbor from fraudulent transfer liability.

United statesBrendan shannonRobertd drainQuorum healthShannon quorum healthHolding ii corpQuorum health corpCommunity health systems incJudge brendan shannonJudge robert drainJudge shannonJudge drainTops holdingBankruptcy codeCommunity health systemsDistribution agreement

Regal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord s PMC Business

Regal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord s PMC Business
ycharts.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ycharts.com Daily Mail and Mail on Sunday newspapers.

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Regal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord s PMC Business

Regal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord s PMC Business
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.