The Latest On Creditor Derivative Rights

The Latest On Creditor Derivative Rights


Law360
By: Brad Eric Scheler, Steven Epstein, Brian T. Mangino, J. Christian Nahr, Philip Richter, Gail Weinstein

Law360 republished the Fried Frank M&A memo titled “Rights of Creditors Will be Determined by Contract Terms and Fraudulent Conveyance Statutes; Creditors' Derivative Fiduciary Duty Claims Will Succeed Only in the Rarest of Circumstances—Quadrant v. Vertin.” The article discusses whether there is any factual context under which a creditor's breach of fiduciary duty claim might succeed.
 
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