Warning to Lenders that Do Business with Distressed Companies — The Harvard Law School Forum on Corporate Governance

Small business of-interest and need-to-know………   the recent decision will have an affect on lenders attitude toward distressed companies.  

Excerpt……..In a significant decision for lenders to distressed companies, the United States Court of Appeals for the Eleventh Circuit has reinstated a decision by the Bankruptcy Court for the Southern District of Florida to unwind a secured loan transaction on fraudulent transfer grounds

Read full article……..via Warning to Lenders that Do Business with Distressed Companies — The Harvard Law School Forum on Corporate Governance and Financial Regulation.