Board of directors | Global Insolvency

The poison pill alternative to stock trading injunctions in Chapter 11

29 January 2007

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Delaware Court of Chancery rules that “deepening insolvency” is not a recognizable cause of action in Delaware

19 January 2007

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Company may not avoid shareholder approval of asset sale through bankruptcy

19 February 2007

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Motion to dismiss claims against former officers and directors denied

06 April 2007

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Delaware’s high court affirms dismissal of creditor’s suit against directors

25 May 2007

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Can creditors directly sue company directors for breaches of fiduciary duties? The Delaware Supreme Court says “no”

25 May 2007

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Bankruptcy trustees not entitled to injunctive relief that would give them priority to D&O policy proceeds

15 May 2007

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Good news and bad news for corporate managers dealing with insolvency issues

18 June 2007

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Delaware Supreme Court rules against creditors’ ability to bring direct breach of fiduciary duty suits against directors of corporations which are insolvent or are in the zone of insolvency

27 July 2007

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Proceeds of D&O policy are not property of the estate despite entity coverage

20 July 2007

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