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Exclusive Relationship, the Tax Man Settleth, and Meet Virginia? | Seward & Kissel LLP

Exclusive Relationship, the Tax Man Settleth, and Meet Virginia? | Seward & Kissel LLP
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Conflict Between Delaware LLC Act and Bankruptcy Code Affects Creditor Toolbox | Proskauer Rose LLP

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. ....

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Delaware Bankruptcy Court Grants Creditors' Committee of Debtor LLC Derivative Standing | Holland & Knight LLP

In a recent opinion, In re Pack Liquidating, LLC (Pack Liquidating), the U.S. Bankruptcy Court for the District of Delaware held that under Official Committee of Unsecured Creditors of. ....

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Landmark Decision in Delaware Bankruptcy Proceedings

Landmark Decision in Delaware Bankruptcy Proceedings
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Delaware Bankruptcy Court Grants Derivative Standing to Creditors' Committee to Sue Members and Officers of Delaware LLC

Delaware Bankruptcy Court Grants Derivative Standing to Creditors' Committee to Sue Members and Officers of Delaware LLC
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