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Avoid Mistakes of the Past

This article discusses a number of cases to have considered officer and director fiduciary duties in the context of insolvency.

29 minute read April 26, 2012 at 01:13 PM
By
Lawrence V. Gelber and Joseph E. Bain
Avoid Mistakes of the Past

In the December 2011 issue of The Bankruptcy Strategist, Thomas R. Fawkes and Wendy E. Morris discussed a recent Third Circuit Court of Appeals decision about the fiduciary duties that officers and directors of an insolvent company may owe their creditors.

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