Bankruptcy

Deepening Insolvency Trends

By Scott Riddle

I have written about the waning popularity of deepening insolvency  (and here) as a cause of action.  Bob Eisenbach refers to a new article by his colleagues in the Bankruptcy & Restructuring group at Cooley Godward Kronish LLP, Michael Klein and Ronald Sussman.

The article is entitled "Tide Has Turned On Deepening Insolvency - Courts Now Rejecting Theory As Cause Of Action," published in the February 2008 issue of the Journal of Corporate Renewal.

Full post as published by Georgia Bankruptcy Blog on February 29, 2008 (boomark / email).