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
4/11/2024
/ Aiding and Abetting ,
Bad Faith ,
Bankruptcy Court ,
Breach of Duty ,
Commercial Bankruptcy ,
Creditor's Committee ,
Creditors ,
DE Supreme Court ,
Delaware Limited Liability Company Act ,
Derivative Suit ,
Duty of Care ,
Duty of Loyalty ,
Limited Liability Company (LLC) ,
Liquidation ,
Preemption ,
Standing ,
Unjust Enrichment ,
Unsecured Debt
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
• 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