Examining the Interplay Between Exculpation Clause and Fiduciary Duty

In the case of In re Solutions Liquidation, the U.S. Bankruptcy Court for the District of Delaware adjudicated a motion to dismiss filed by the debtors' former managers and officers in connection with the breach of fiduciary duty complaint filed against them by the trustee of the debtors' liquidating trust.

11 minute read February 01, 2020 at 12:05 AM
By
Lawrence J. Kotler
Examining the Interplay Between Exculpation Clause and Fiduciary Duty

In the case of Liquidation Trust of Solutions Liquidation v. David Stienes (In re Solutions Liquidation), Case No. 16-10627 (CSS), Adv. Pro. No.: 18-50304 (CSS) (Bankr. D. Del.

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