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In The Zone? When Directors of Portfolio Companies Have to Take Creditor Interests into Account


Representatives of asset managers often take up positions on the boards of portfolio companies. We have written posts before on some of the litigation and regulatory risks that can arise, both for the asset managers and the individuals including: Portfolio Company Risk: Plaintiffs Set Sights on Sponsors and Board DirectorsThe Trend of Increasing Disclosure Obligations for Private Funds Continues in 2022SEC Proposes Advisers Act Reforms Focusing on Private Fund Investor Protections.

Read the full post on the Corporate Defense and Disputes blog.


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