Posts tagged Third Circuit Court of Appeals.

Our post last month titled Of Whiskey and Martha’s Vineyard Realty:  Federal Receivership Ordered for Fast Growing Uncle Nearest Brand discussed a federal court’s decision to grant a lender’s motion for the appointment of a receiver for its borrower. Set forth below are: (i) brief updates on developments in the Uncle Nearest case; and (ii) discussion of a recently issued Third Circuit decision in the completely unrelated matter of Whittaker Clark & Daniels Inc. dealing with the power of a corporate board to commence bankruptcy after the appointment of a state court ... Continue Reading

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