Delaware Business DE

Chapter 7 Trustee Can Abandon Looting Claims Back to Creditors Who Had Them Before the Bankruptcy

Delaware Business Court Insider

Sep 2, 2020

A creditor on behalf of the company sues its controllers and advisors for looting the company, and the company files for bankruptcy, which stays the litigation and shifts the autho…

Read the full story at Delaware Business Court Insider

Chapter 7 Trustee Can Abandon Looting Claims Back to Creditors Who Had Them Before the Bankruptcy

More from Delaware Business

Delaware charters pulled for LLC's tied to drug traffickers

Delaware gas prices approach year-ago numbers

Rack Room Shoes opens in Salisbury, and a new pool hall on the way | What's Going There

Suspect dead after carjackings, pursuit by officers in I-95 area

PBF Energy acquires remaining interests in logistics business

My take: Feds take closer look at criminal monopoly actions

ChristianaCare center named in honor of donor and breast cancer survivor Tatiana Copeland

Veteran Business Leader and Communications Specialist to Assume Role of Vice Chair