Attorneys from Benesch were mentioned in a recent Law360 article titled “Chancery Sends Steel Co.'s Fraudulent Transfer Suit to Trial”, highlighting the firm’s representation of Cleveland-Cliffs in a significant commercial litigation matter.
Andrew Fiorella, Kevin Capuzzi, Nathan Boninger, and Kate Harmon were all noted in the article, with Kevin directly quoted in the context of fraudulent transfer analysis:
“Otherwise, a debtor could manipulate the transfer of its assets through a series of transactions transferring only part of its property, the value of each of which when viewed in isolation would not exceed the attached liens — to preclude recovery by unsecured creditors,” he said.
The article highlights the Delaware Court of Chancery’s decision to allow the suit to proceed to trial, reinforcing the importance of transparency and substance in asset transfers.
Read more: Chancery Sends Steel Co.'s Fraudulent Transfer Suit To Trial