Judge Rakoff’s Nine West decision allowed fiduciary duty claims to proceed against LBO seller directors and officers based on anticipated subsequent transactions by purchaser
Judge Daniels…
Davis Polk Restructuring Group co-head Marshall Huebner and counsel Christopher Robertson recently authored “Special Issues in Mass Torts” in the December 2020 edition of Legal Era Magazine…
On Friday, December 6, 2019, New York Governor Andrew M. Cuomo signed legislation enacting the Uniform Voidable Transactions Act (“NY UVTA”) and repealing Article 10 (§§ 270-281) of New…
On May 20, 2019, the U.S. Supreme Court issued a significant decision in Mission Product Holdings, Inc. v. Tempnology, LLC, holding that the rejection of a trademark license in bankruptcy…
On January 17 2019, the U.S. Court of Appeals for the Fifth Circuit issued a decision strongly suggesting that make-whole premiums are not payable in bankruptcy to unsecured and…
Davis Polk partner Marshall Huebner and associate Benjamin Schak discuss the importance for directors and officers to review insurance coverage protecting their personal assets from…
Directors of U.S. companies in certain industries or with sponsor shareholders frequently serve on the boards of multiple entities within a single corporate family — often, the parent…
In a much-anticipated decision, on October 20, 2017, the U.S. Court of Appeals for the Second Circuit concluded that (1) the Bankruptcy Court erred in not determining whether an efficient…
Articles & Books
The Corporate Governance Advisor, May/June 2017, Volume 25, Number 3
The primary purpose of procuring insurance coverage for a company’s directors and officers (D&O Insurance) is to protect the personal assets of directors and officers from lawsuits…
