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Part Two of a Two-Part Article
In the January, 2006, issue of The Bankruptcy Strategist, we discussed the impact of two recent bankruptcy opinions out of the Delaware Court: IT Litigation Trust v. D'Aniella et al. (In re: IT Group, Inc. et al.) and Shandler v. DLJ Merchant Banking, Inc., et al. (In re Insilco Technologies, Inc.). We included a brief update in the February, 2006 issue after the Delaware courts weighed in on the subject for the third time in only 3 months. Now we discuss, in depth, the possible implications of Insilco and IT Group on plan structuring.
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