Issue: What legal resources address the specific liability of officers and directors in bankruptcy?
Area of Law:
Bankruptcy & Creditors Rights
Officers and directors; Bankruptcy; Specific liability
Richard F. Broude, Mergers and Acquisitions in Bankruptcy in the U.S.A. (Officer and Director Responsibility Liability, pt. 4), 16 Int’l Bus. Law. 507 (1988).
Steven R. Gross, Deborah F. Stiles & Charles E. Joseph, Directors Face Risks in Workout; Shifting Duties, Nat’l L.J., Apr. 15, 1991, at 19.
Kimberly Colby Harris, The Impact of Bankruptcy on Liability of Corporate Directors, 5 Bankr. Dev. J. 289 (1988).
David Heckelman, Personal Use of Firm’s Assets Triggers Directors’ Liability, Chi. Daily L. Bull., Aug. 20, 1993 at 1.
Harvey R. Miller, Corporate Governance in Chapter 11: The Fiduciary Relationship Between Directors and Stockholders of Solvent and Insolvent Corporations, 23 Seton Hall L. Rev. 1467 (1993).
Melanie K. Palmore, "Insured vs. Insured" Exclusions in Director and Officer Liability Insurance Policies: Is Coverage Available When Chapter 11 Trustees and Debtors-in-Possession Sue Former Directors and Officers?, 9 Bankr. Devs. J. 101 (1992)
Christopher B. Penman & Thomas W. Ferrell, Bankruptcy and Directors’ Duties: The United States Perspective, 9 Company & Sec. L.J. 347 (1991).
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