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Searching Content indexed under Financial Restructuring by Sheppard Mullin Richter & Hampton ordered by Published Date Descending.
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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
In Anderson v Krafft-Murphy Co. Inc., 2013 Del. LEXIS 597 (Del. Nov. 26, 2013), the Delaware Supreme Court held that Sections 278 and 279 of the Delaware General Corporation Law, 8 Del. C. §§ 278-279, require a dissolved corporation to act through a court-appointed trustee or receiver after the corporation winds-up its business.
United States
23 Dec 2013
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Fifth Circuit Rejects Per Se Rule That Recharacterization Applies Only To Insiders
In a recent ruling, the Fifth Circuit Court of Appeals rejected a per se rule that only corporate insiders can have their debt claims recharacterized as equity.
United States
19 Aug 2011
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