Davis to Financial Execs: A BRE Blocking Director Is Not a Guarantee Against Bankruptcy
April 1, 2017
Partner Gardner Davis penned an article in Global Banking and Finance Review, “Don’t Assume Bankruptcy Remote Means Bankruptcy Proof,” explaining in detail that using a bankruptcy remote special purpose entity (BRE) is not the way for businesses to guarantee themselves against bankruptcy. By analyzing deals, cases and BRE organizational documents throughout the article, Davis illustrates why it is imperative for financial executives to actively stay aware of potential bankruptcy filings.
Read the full article here. The article can be found on pages 86-87.
Read the full article here. The article can be found on pages 86-87.
Author(s)
Related Insights
June 24, 2026
Tariff & International Trade Resource
What Every Multinational Should Know About … The Opportunity to Shape the Next Phase of U.S.-China Tariffs
Following the May 2026 meeting between President Trump and President Xi Jinping, the Office of the U.S. Trade Representative (USTR) announced a public comment process intended to help shape the next phase of U.S.-China trade negotiations.
June 24, 2026
Tariff & International Trade Resource
What Every Multinational Should Know About … The First Use of Economic Sanctions to Target Intellectual Property Theft
Rather than treating trade-secret misappropriation solely as a commercial dispute, the United States is showing a willingness to use economic sanctions — traditionally reserved for threats such as terrorism and proliferation — to deter and punish large-scale IP theft.
June 24, 2026
Foley Career Perspectives
Foley Juneteenth Program With Journalist Michele Norris: We All Have a Story
In celebration of Juneteenth, Foley & Lardner welcomed MS NOW Senior Contributor Michele Norris for a firmwide program on June 22. An award-winning journalist, New York Times bestselling author, and one of the most recognized voices in radio, Norris engages audiences in candid discussions about current events, social issues, and bridging the divide in America.