This article notes the decision by a federal bankruptcy judge in Delaware to dismiss an allegation of fraudulent transfer arising from the $7.2 billion sale of Samson Investment Company by the Schusterman family to a private equity consortium led by Kohlberg Kravis Roberts.
Samson was represented by Morgan Lewis. Partner Andrew Gallo noted that “Judge Shannon’s ruling will be important for future fraudulent transfer defense, particularly in cases where there is strong, contemporaneous market evidence that contradicts hindsight expert testimony.”
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