Revolutionizing Resolution: How Divisive Mergers and Bankruptcy Code Enhance Corporate Strategy for Mass Tort Liabilities
Miami, FL — A recent study highlighted in the University of Miami Business Law Review delves into the increasingly common strategy for handling mass tort liabilities within corporations through the lens of corporate restructuring. Specifically, it examines the use of divisive mergers under the United States Bankruptcy Code to maneuver around the financial pitfalls that can debilitate large businesses. In the business landscape, restructuring strategies are pivotal, especially when confronted with substantial liabilities. A divisive merger, although less known, serves as a strategic tool by splitting an existing business entity into two new independent entities. … Read more