In early February, a Delaware bankruptcy judge set new precedent by granting a creditors’ committee derivative standing to pursue breach of fiduciary duty claims against a Delaware LLC’s members and officers. At least three...more
3/29/2024
/ Bankruptcy Code ,
Bankruptcy Court ,
Breach of Duty ,
Corporate Counsel ,
Creditors ,
DE Supreme Court ,
Debtors ,
Delaware ,
Derivatives ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
Standing