Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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Both Delaware law and the bankruptcy code generally permit the assignment of contractual obligations and interests. However, in Northrop Grumman Technical Services Inc. v. The Shaw Group Inc. , when one of the four members of a limited liability company filed for bankruptcy and subsequently attempted to transfer its rights under an LLC operating agreement to one of the other LLC members, a dispute arose among the four LLC members.
February 05, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
Presented by BigVoodoo
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