Those interested in business litigation should read my friend Steve Jakubowski’s post on his Bankruptcy Litigation Blog about the issue of deepening insolvency in the aftermath of the recent Third Circuit decision in: CitX Corp., Inc. v. Detweiler, Hershey & Assocs., P.C., 2006 WL 1453117 (3d Cir. 5/26/06). Here is the link:
Bankruptcy Litigation Blog: More Questions from the 3rd Circuit’s Recent “Deepening Insolvency” Decision