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    Investors in distressed debt: recent legal developments to be aware of
    2014-02-24

    Recent rulings in the Third Circuit Court of Appeals and the U.S.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Whiteford Taylor & Preston LLP, Bankruptcy, Letter of credit, Debtor, Collateral (finance), Due diligence, Distressed securities, Third Circuit
    Authors:
    Michael E.Hastings
    Location:
    USA
    Firm:
    Whiteford Taylor & Preston LLP
    Severe consequences for franchisor executives: personal liability and non-dischargeable debt
    2013-07-24

    “Do not pass Go, do not collect $200” is a phrase we all remember from the childhood game Monopoly.  Like Monopoly, state franchise sales laws have rules and regulations that must be followed.  A franchisor’s failure to follow these basic procedural rules for selling franchises can result in self-destruction. 

    Filed under:
    USA, Franchising, Insolvency & Restructuring, Litigation, Whiteford Taylor & Preston LLP, Fiduciary, Prospectus (finance), Embezzlement, United States bankruptcy court
    Authors:
    David L. Cahn
    Location:
    USA
    Firm:
    Whiteford Taylor & Preston LLP
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