Reginald Sainvil Authors American Bankruptcy Institute (ABI) Article
Moore & Van Allen attorney Reginald Sainvil recently authored a recent article published by the American Bankruptcy Institute examining governance challenges that can arise when control of a financially distressed company shifts at the board level.
In “When Boards Flip: Governance and Litigation Risk in Financial Distress,” Reggie discusses the growing use of “board flips” and the disputes that can follow, including issues related to fiduciary duties, authority, and process. The article also highlights the importance of documentation, independence analysis, and disciplined governance throughout a transition.
Reggie focuses his practice on restructuring, insolvency, and related litigation matters, including advising clients navigating complex financial distress scenarios.
Link to full article below. (PDF)