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SCOTUS Decision Regarding Distressed Assets, Safe Harbors & Clawbacks

Tue, 13 Mar 2018 19:18:30 GMT

The U.S. Supreme Court decision in Merit Management v. FTI Consulting may prove important to distressed asset managers, who need to know when defendants can assert the protection of the “safe harbor” provision of federal bankruptcy law, thus avoiding clawbacks. Section 546(e) of the statute says that a debtor mayRead More