On December 31, 2024, the U.S. Court of Appeals for the Fifth Circuit issued its long-awaited decision regarding the permissibility of the Serta Simmons Bedding (Serta) uptier liability management exercise (the 2020 Uptier)...more
1/9/2025
/ Appeals ,
Bankruptcy Code ,
Bankruptcy Court ,
Breach of Contract ,
Chapter 11 ,
Commercial Bankruptcy ,
Credit Agreements ,
Creditors ,
Debt ,
Debtors ,
Indemnity ,
Lenders ,
Liability ,
Loans ,
Remand
Significant economic, regulatory and political uncertainties in 2020 should prompt board of directors members to evaluate, and take steps to mitigate, potential downside risks facing their businesses. Certain challenges...more
1/23/2020
/ Board of Directors ,
Breach of Duty ,
Capital Markets ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
D&O Insurance ,
Economic Development ,
Economic Downturn ,
Fiduciary Duty ,
Global Economy