Displaying with Topic Corporate Governance

To avoid liability for an underfunded pension plan, the First Circuit describes a structure for investors to employ when buying a sick company

Continuing the business after buying the assets from the lender at a foreclosure sale doesn’t bring successor liability.

Business judgment rule failed to protect directors of a Georgia bank for approving bad loans.

Fifth Circuit rejects the ‘recodification canon’ to divest bankruptcy courts of jurisdiction over Social Security suits.

By removing the incumbent board, a receiver can bar the old board from filing a bankruptcy petition, the Ninth Circuit holds.

Third Circuit leaves open the question of whether distributions to shareholders in chapter 11 must follow FINRA rules.

New York bankruptcy judge approves retention of a crisis manger under Section 363(b) who might be disqualified under Section 327(a).

The appeals court avoids ruling broadly on the ability of a golden share or blocking provision to bar a company from filing bankruptcy voluntarily.

Eighth Circuit insulates parishes and church schools from substantive consolidation.

The Fifth Circuit is being asked to decide whether loan structuring can prevent a borrower from filing bankruptcy.