Nine West Clawback Ruling Fortifies Bankruptcy Safe Harbor

By Matthew Gold, Dov Kleiner and Marc Rosen (September 28, 2020, 3:18 PM EDT) -- A recent decision by the U.S. District Court for the Southern District of New York confirms that the defendant-friendly holding of the U.S. Court of Appeals for the Second Circuit's 2019 decision in In re: Tribune Company Fraudulent Conveyance Litigation will be applied broadly to benefit defendants and rejects efforts by the plaintiffs to work around Tribune....

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