Galvanising your business against Supply Chain and Customer Insolvency Risk

Protecting your business from exposure to supplier and customer insolvency

The risk of unforeseen counterparty customer or supplier financial distress and failure amidst the on-going challenges for businesses from COVID-19 means that pre-emptive legal and operational protections against the risk of heavy financial loss or business disruption from customer/supplier failure are more valuable than ever.

Filed under:
Global, Insolvency & Restructuring, DLA Piper, Coronavirus
Authors:
Peter Manley , Christopher Roberts , Jamila Justine Willis , Francesco de Gennaro , Dr Dietmar Schulz LL.M. , James Iremonger , Caroline Texier , Egil Hatling , Amelia Kelly , Alvaro Cid-Luna , Marc Molhuysen
Location:
Global
Firm:
DLA Piper
Simplexity ruling: potential impact on director and officer liability for pre-petition decisions delaying bankruptcy filings - key takeaways

The United States Bankruptcy Court for the District of Delaware recently issued an opinion that could mean that directors and officers of insolvent entities face liability for damages caused by the failure to timely file for bankruptcy protection.

Filed under:
USA, Delaware, Insolvency & Restructuring, Litigation, DLA Piper, United States bankruptcy court
Authors:
Jamila Justine Willis
Location:
USA
Firm:
DLA Piper
Simplexity ruling: potential impact on director and officer liability for pre-petition decisions delaying bankruptcy filings - key takeaways

The United States Bankruptcy Court for the District of Delaware recently issued an opinion that could mean that directors and officers of insolvent entities face liability for damages caused by the failure to timely file for bankruptcy protection.

Filed under:
USA, Delaware, Insolvency & Restructuring, Litigation, DLA Piper, United States bankruptcy court
Authors:
Richard A. Chesley , Jamila Justine Willis
Location:
USA
Firm:
DLA Piper