- Created: Friday, 27 November 2015 12:05
by Kelli E. Madigan, Shareholder
Quadrant v. Vertin
In Quadrant v. Vertin, a derivative action for breach of fiduciary duty was brought by Quadrant Structured Products Company, a creditor, against the directors of Athilon Capital Corp. (“Company”) and the Company’s controlling shareholder, EBF & Associates. Quadrant also asserted fraudulent transfer claims directly against Company and EBF, as the Company was insolvent at the time actions giving rise to the claims were taken.