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Navigating Litigation Conflicts in Troubled Corporations

When a corporation finds itself in troubled financial waters, litigation by shareholders and creditors often follows. Increasingly, such litigation takes the form of a class action suit commenced against the company, followed closely by a derivative action against the directors and officers. This may lead to significant ethics challenges for the attorneys involved.

19 minute read December 31, 2015 at 11:00 PM
By
Tamara Kurtzman
Navigating Litigation Conflicts in Troubled Corporations

When a corporation finds itself in troubled financial waters, litigation by shareholders and creditors alike often follows. Increasingly, such litigation takes the form of a class action suit commenced against the company, followed closely by a derivative action against the directors and officers.

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