• In re the Brown Schools: Deepening Insolvency Still Alive
  • June 22, 2008 | Authors: Alan W. Kornberg; Stephen J. Shimshak; Penny L. Dearborn
  • Law Firm: Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
  • If you thought, like many, that the Delaware Supreme Court's decision in Trenwick Am. Litig. Trust v. Billet, 2007 Del. LEXIS 357 (Del. 2007), put the theory of "deepening insolvency" to rest, once and for all, well, think again.