Case Law Summaries

Nevada – Decision Making Authority

NevadaSino Clean Energy, Inc. v. Seiden (In re Sino Clean Energy, Inc.), No. 17-15316, decided 8/27/18.  The U.S. Court of Appeals, Ninth Circuit ruled that former members of a corporation’s board of directors lacked authority to petition for bankruptcy because Nevada’s corporation law vests decision making authority in the current board.

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