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Third Circuit to directors of insolvent entity – you may be in “deepening” trouble now

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USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Bankruptcy, Debtor, Fraud, Fiduciary, Federal Reporter, Negligence, Business judgement rule, Corporate bond, Chief financial officer, Third Circuit
Fifth Circuit upholds expense reimbursement for non-stalking horse bidders: now that’s a horse of a different color…

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USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Debtor, Federal Reporter, Due diligence, Business judgement rule, Second Circuit, United States bankruptcy court, Fifth Circuit, Third Circuit
Stern v. Marshall – bankruptcy court jurisdiction: cut to the core

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USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Punitive damages, Bankruptcy, Debtor, US Constitution, Article III US Constitution, Supreme Court of the United States, United States bankruptcy court