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Delaware Bankruptcy Court Grants Creditors' Committee of Debtor LLC Derivative Standing

In a recent opinion, In re Pack Liquidating, LLC (Pack Liquidating), the U.S. Bankruptcy Court for the District of Delaware held that under Official Committee of Unsecured Creditors of Cybergenics Corp. v. Chinery...more

A Fraudulent Transfer Suit May Commence More Than 4 Years After the Transfer Under CUVTA

In its 1997 decision Cortez v. Vogt, the California Court of Appeal ruled that the limitations period during which an action to avoid a fraudulent or voidable transfer begins to run either on the date of the transfer or on...more

California Supreme Court Deals Death Blow to Jewel v. Boxer for Hourly Fee Cases in State

• The California Supreme Court has decided the fate of the unfinished business rule for hourly fee cases in the state with its long-awaited decision in Heller Ehrman LLP v. Davis Wright Tremaine LLP. The court held that a...more

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