Month: September 2015

DELAWARE’S LONG-FORM DISSOLUTION STATUTE: AN UNDERUTILIZED ALTERNATIVE

By Russell C. Silberglied, Director & Nathaniel J. Stuhlmiller, Associate, Richards, Layton & Finger, P.A. Introduction Many companies are “too broke to go bankrupt.” As the “ABI Commission to Study the Reform of Chapter 11”[1] notes, “anecdotal evidence suggests that Chapter 11 has become too expensive (particularly for small and medium size enterprises),” and more