John P. Stigi III

Second Circuit Holds that Contingent Equity-Based Compensation of Former Lehman Employees are Subordinate to Creditor Claims

21 June 2017

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Delaware Court of Chancery rejects contemporaneous ownership requirement for creditors asserting derivative claims

27 October 2014

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Delaware Supreme Court holds receiver is required to defend lawsuits after a corporation is wound-up; finds no generally applicable statute of limitation for claims against a dissolved corporation

11 December 2013

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California Supreme Court resolves Court of Appeal split, holding that Section 2010 of the California Corporations Code -- California's "Survival Statute" -- does not apply to foreign corporations

27 February 2013

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Delaware Chancery Court holds that creditor plaintiffs in derivative suits may satisfy standing requirement by showing corporation’s insolvency at time of suit, regardless of later solvency

26 May 2015

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Ninth Circuit rules that D&O policies' "insured versus insured" exclusion applies to debtors-in-possession and assignee creditors during bankruptcy proceedings

22 July 2009

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New York high court applies the "single-entity exemption" in the Securities Litigation Uniform Standards Act of 1998

12 July 2011

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