Pro Take: Nine West LBO Payouts Upheld, a Blow to Creditors
Wall Street Journal
Appeals court ruling preserves safe harbor protection for shareholder payouts in the Sycamore buyout of Jones Group, the retailer’s former parent company.
https://www.wsj.com/articles/pro-take-nine-west-lbo-payouts-upheld-a-blow-to-creditors-60f0103e