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Debtors Appeals Corporate Misconduct

Dechert LLP

Setting Aside Transactions at an Undervalue: Easier Said Than Done?

Dechert LLP on

UK Supreme Court decision reaffirms that debtors cannot use corporate structures and the principle of separate corporate legal personality to avoid obligations to their creditors. Transactions at an undervalue made by a...more

Cozen O'Connor

The Supreme Court of Canada Clarifies the Doctrine of Corporate Attribution

Cozen O'Connor on

On October 11, 2024, the Supreme Court of Canada (the SCC) rendered a decision clarifying the corporate attribution doctrine in the bankruptcy and insolvency context. Aquino v. Bondfield Construction Co.1 involved a dispute...more

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