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Delaware Bankruptcy Court Rules Shareholder “Blocking Right” to Prevent Corporate Bankruptcy Subordinate to Federal Public Policy

In the first decision by a Delaware court to address this issue, a Delaware bankruptcy judge denied a shareholder's motion to dismiss a Chapter 11 bankruptcy case based on the shareholder's contractual blocking right. While...more

Considerations for Investors in Distressed Companies: Pursuing Workouts with Creditors

As the global battle with the novel coronavirus pandemic (COVID-19) rages on, destabilized markets and deepening economic turmoil have investors in private companies considering how best to manage portfolio companies that are...more

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