Illinois Bankruptcy Court Sets Low Bar for Equitable Subordination of Insider Loan

Journal of Corporate Renewal

“For a distressed company running low on capital, an investment from insiders may represent a last best hope for survival. Insiders may be willing to risk throwing good money after bad for a chance to save the company even when any third party would stay safely away.”

Read the article

Related Contacts
Michael Klein  Partner New York
Related Practices & Industries

Business Restructuring & Reorganization