Cases & Deals

Majority shareholders and directors of bankrupt telecommunications company defend against breach of fiduciary claims

Clients Confidential client

Jones Day is representing majority shareholders and directors of a bankrupt telecommunications company in an action involving claims for, inter alia, breach of fiduciary duty and fraudulent conveyance brought by the Chapter 7 Trustee of the bankrupt entity, a minority shareholder in the Debtor’s parent company and a creditor of the Debtor.