Rochelle's Daily Wire

ABI Exclusive

Fifth Circuit Issues a Narrow Opinion Requiring Corporate Authority to File a Petition

The appeals court avoids ruling broadly on the ability of a golden share or blocking provision to bar a company from filing bankruptcy voluntarily.

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Opinion Link

Case Details

Judge Name

Carolyn Dineen King

Case Citation

Franchise Services of North America Inc. v. U.S. Trustee (In re Franchise Services of North America Inc.), 18-60093 (5th Cir. May 22, 2018)

Case Name

In re Franchise Services of North America Inc.

Case Type

Business
Court