The U.S. Court of Appeals for the Third Circuit includes the State of Delaware in its territory, and a recent case involving the legal issues related to “deepening insolvency”, based on state law, is the subject of a scholarly and insightful post by my friend Steve Jakubowski of the Bankruptcy Litigation Blog. Of course this topic is of importance to business litigation lawyers in Delaware. Here is the link:
Bankruptcy Litigation Blog: Deepening Insolvency: The Third Circuit Steps Back from the Breach