Directors & Officers Litigation

Directors and Officers Litigation

  • Lead counsel in defending former directors and officers of Toys R Us (TRU) against fraud and breach of fiduciary duty claims brought by the Litigation Trustee in connection with the TRU bankruptcy. Achieved a very favorable settlement after the Court dismissed the central claim on summary judgment.
  • Representation of various individual board members and boards with respect to insolvency and bankruptcy counseling in jurisdictions throughout the United States.
Case Study

Caesars Bankruptcy Yields Noteworthy Settlements

Mintz represented the ad hoc committee in casino giant Caesars Entertainment Corp.'s Chapter 11 bankruptcy. Mintz’s early summary judgment filing helped its clients settle with Caesars. ML Strategies helped to lobby Congress to oppose Caesars's proposed amendments to the Trust Indenture Act.