The Third Circuit Rules in Favor of the Bankruptcy Estate Creating a Further Circuit Split
USA, Banking, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Tax, ArentFox Schiff, Bank holding company, Federal Deposit Insurance Corporation (USA), United States bankruptcy court, Third Circuit
Case Summary
This case presents a common scenario and dynamic that a party involved with a distressed bank holding company may have seen in the last several years.