Tradition Financial Services Ltd v Bilta (UK) Ltd and others [2023] EWCA Civ 112
Key Takeaways:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Tax, White Collar Crime, Dechert LLP, Insolvency, HM Revenue and Customs (UK)
A recent decision by the U.S. Court of Appeals for the Second Circuit, In re Tribune Company Fraudulent Conveyance Litigation,1 represents a significant victory for shareholders who may get cashed out in connection with a leveraged transaction that precedes a company bankruptcy.
USA, Capital Markets, Company & Commercial, Insolvency & Restructuring, Litigation, Dechert LLP, Shareholder, Leveraged buyout, Second Circuit