$850 Million Settlement of $175.3 Million Financial Statement Liability Can Support Inference of Breach of Duty of Loyalty When a corporation suffers
Can Support Inference of Breach of Duty of Loyalty When a corporation suffers harm, the board of directors is the actor empowered to determine what...
There Is No Cause of Action to Recover Damages Caused by Municipality’s Negligence or Bad Faith in Requiring Performance of Services Without
Negligence or Bad Faith in Requiring Performance of Services Without a Contract In Super Diesel & Gas Auto Shop, Inc. v. Mun. de Mayagüez, the P.R.
Judge Lamoutte Sua Sponte Revokes Subchapter V Designation From SARE Debtor Entities whose primary activity is the business of owning single asset
Debtor Entities whose primary activity is the business of owning single asset real estate (“SARE”) have long been treated differently in bankruptcy.
Chapter 11 Case Dismissed As Bad Faith Filing
Judge Godoy of the U.S. Bankruptcy Court for the District of Puerto Rico dimissed a petition under chapter 11 after finding that it did not serve...