Summary
The U.S. Court of Appeals for the Sixth Circuit reversed the bankruptcy court's grant of summary judgment in favor of the creditor's regarding the solvency of the company just after the LBO transaction. The court noted that the purchase price is highly p ...
In re Structurlite Plastics Corporation: SPC Corporation, et al. v. Robert E. Griffith, et al.
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See Also
Previous Valuations Assist in Showing Debtor’s Post-LBO Solvency
The U.S. Court of Appeals for the Sixth Circuit reversed the bankruptcy court's grant of summary judgment in favor of the creditor's regarding the solvency of the company just after the LBO transaction. The court noted that the purchase price is highly p ...