Bankruptcy court holds that section 546(e) safe harbor does not apply to “settlement payments” made in a small, private leveraged buyout that poses no systemic risk to the securities market

Date

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Location
USA
Authors
Jason H. Watson
David A. Wender
Jonathan T. Edwards
Firm
Alston & Bird LLP
Tags
USA
New York
Corporate Finance/M&A
Insolvency & Restructuring
Litigation
Alston & Bird LLP
Shareholder
Debtor
Fraud
Safe harbor (law)
Interest
Leveraged buyout
Title 11 of the US Code
United States bankruptcy court
US District Court for SDNY