When Fiduciary Means Fiduciary: Criminal Bid-Rigging Charges In The Neiman Marcus Bankruptcy Proceedings
Published: Sep 22, 2020
I. Introduction Complex restructurings are no stranger to colorful facts and unpredictable twists and turns. But few lead to criminal charges. Fewer still involve criminal charges against the chairman of the unsecured creditors' committee, alleging that he abused his position to benefit himself financially. On September 3, 2020, federal authorities...