What showing must creditors make to be granted the right to prosecute claims on behalf of the bankruptcy estate?
USA, Insolvency & Restructuring, Litigation, Morrison & Foerster LLP, Standing (law), Debtor in possession, Uniform Commercial Code (USA), Second Circuit
In its recent decision, Executive Benefits Insurance Agency v. Arkison (In re Bellingham Insurance Agency, Inc.),1 the Supreme Court reiterated and expanded on the reasoning in Stern v.