In an article just published in the Bankruptcy Strategist, Norman Kinel and Elliot Smith explore the practical impact of the Sixth Circuit Court of Appeal’s recent decision in Indian Harbor Insurance Company v. Zucker, et al., 2017 U.S. App. LEXIS 10821, which bankruptcy practitioners – particularly those representing creditors’ committees – need to consider, because having the wrong plaintiff or the wrong mechanism in place to pursue claims against a debtor’s officers and directors could result in losing the ability to recover value for creditors.
To read the article, click here.
Other aspects of the Zucker case were previously examined by Christopher Meyer in Squire Patton Boggs’ Bankruptcy Blog.