Patrick Darby Quoted in Business Alabama Article Regarding Bet-the-Company Litigation

Bankruptcy attorney Patrick Darby was recently quoted in the Business Alabama article “Your Company on the Line,” exploring the high-stakes world of bet-the company litigation through examination of cases handled by Alabama attorneys. The article focuses on Darby’s involvement with Jefferson County’s Chapter 9 bankruptcy case, “the largest successful case of its kind in American history.”

“When you put a company into Chapter 11, the very existence of the company is in play every single time,” says Darby. “It’s not litigation in the classic Perry Mason style, where you have a trial with a jury and a judge, but you are in a federal court litigating with various parties quite specifically and explicitly over the existence of the company that’s in Chapter 11.”

Read the complete Business Alabama article, “Your Company on the Line.”