The South Bay Law Firm Law Blog highlights developing trends in bankruptcy law and practice. Our aim is to provide general commentary on this evolving practice specialty.
 





 
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    Ahcom v. Smeding – Altered Egos Redux

    Last month, this blog featured a preliminary post on¬†Ahcom Ltd. v. Smeding (9th Cir. Oct. 21, 2010, Docket No. 09-16020), a decision restating and reemphasizing the Ninth Circuit’s position that a creditor of a corporation in bankruptcy has standing to assert a claim against the corporation’s sole shareholders on an alter ego theory.

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    More recently, the Insolvency Law Committee¬†of the California State Bar’s¬†Business Law Section released an insightful and helpful e-bulletin discussing¬†the Ahcom decision’s impact on commercial bankruptcy practice in California.

    A hard copy of the Committee’s e-bulletin is available here.

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