The Southern Company defends action brought by its former subsidiary Mirant Corporation
Clients Southern Company, The
Jones Day represented The Southern Company in a $2 billion action brought on behalf of its former subsidiary Mirant Corporation alleging, among other things, that Southern caused Mirant to engage in fraudulent transfers and aided and abetted Mirant to breach fiduciary duties.
MC Asset Recovery, LLC v. The Southern Company, No. 1:06-CV-0417 (N.D. Ga., Atlanta Div.)