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Bax Decision

This panel discusses recent bankruptcy court decisions addressing the Delaware Court of Chancery’s decision in CML V LLC v. Bax, and how these decisions impact a creditors’ committee’s or any other creditor’s ability to bring derivative claims against third parties. The panelists also provide examples of how committees and judges are solving this issue through financing orders and other methods.

Mid-Atlantic Virtual Bankruptcy Workshop
Bankruptcy Code: 
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