HeyJaredMichael J. Barrie
- Indexed articles, last 90 days
- 1
- Latest publication
- Aug 12, 2026
- Outlet visibility, for Mondaq
- Top 500K sites
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- Aug 12, 2026
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Third Circuit Decision Reshapes Creditor Standing In Successor Liability Disputes (opens the original)
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In a recent Third Circuit opinion, the Court clarified the standard for determining whether successor liability claims are property of the estate such that, upon the filing of a bankruptcy petition, creditors may be divested of their standing to pursue such claims. Successor liability claims refer to those causes of action that can be asserted against a successor corporation at common law. They are an exception to the general rule of corporate successor nonliability, i.e., a company that acquire
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