The defendants in a fraudulent conveyance action brought by the trustee of a bankrupt hospital retained CRA to prepare solvency analysis. The trustee attempted to recover loans that were made before the hospital entered bankruptcy, but both the bankruptcy court and district court ruled the hospital was solvent. CRA’s expert ultimately demonstrated that the hospital was solvent, and The Seventh Circuit Court reversed the bankruptcy and district court decisions.
Insider Trading & Market Manipulation Watch: Q3 2023
In the Insider Trading & Market Manipulation Literature Watch, members of our Finance Practice provide summaries and links to published research about insider...