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Business Restructuring Review Vol. 23 No. 3 | May-June 2024 | Jones Day

In In re Pack Liquidating, LLC, 2024 WL 409830 (Bankr. D. Del. Feb. 2, 2024), the U.S. Bankruptcy Court for the District of Delaware ruled that, in accordance with Third Circuit. ....

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United States - Insolvency/Bankruptcy - Business Restructuring Review Vol. 23 No. 3

In In re Pack Liquidating, LLC, 2024 WL 409830 (Bankr. D. Del. Feb. 2, 2024), the U.S. Bankruptcy Court for the District of Delaware ruled that, in accordance with Third Circuit precedent. ....

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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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