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Director Fiduciary Duty and Liability After a Leveraged Buyout
Bill Siegel explains In re nine West LBO Securities Litigation and the proposition that liability may attach to the company’s old board of directors even though they are not members of the new board and were not involved in any of the alleged misconduct.
Get Out of Jail Cards for Leveraged Buyout Fraudulent Transfers
Though the pandemic is the cause of the rising number of retail bankruptcies, major retailers were facing cash flow and insolvency issues prior to COVID-19. Many of them were over-leveraged […]
