Jeffrey W. Levitan



  • Thursday, July 1, 2004
    Whether a company is insolvent or not can have significant implications, and raises a host of issues for a board of directors, management and their advisors to consider. For example, if a company is insolvent, or is in the "zone of insolvency," it is generally accepted that the fiduciary duty a board of directors ordinarily owes to shareholders and the...