Breach of contract | Global Insolvency

Dead zone? Direct claims by creditors of a California corporation may not lie against management based on management's allegedly shifting duties when corporation is in the zone of insolvency or even insolvent

25 August 2010

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Court rules D&O policy’s Side-A benefits not property of bankrupt estate

09 September 2010

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The Third Circuit expands the substantial-performance test to determine if a trademark license contract is executory

13 September 2010

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Defense of imputation of an agent’s bad conduct to its principal clarified in Pennsylvania; independent auditor at risk for $1 billion in damages

13 September 2010

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USA

Fontainebleau term lenders lack standing to sue revolver lenders

20 September 2010

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Court invokes prudent man standard to uphold collateral trustee’s litigation reserve fund

20 September 2010

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Auditor liability

04 October 2010

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USA

Knowledge is power -- or at least triggers the ERISA statute of limitations

01 October 2010

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USA

Clean up that mess

18 October 2010

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Margin violation is not an affirmative defense to an action on a note

20 October 2010

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