The In Pari Delicto Doctrine | Practical Law

The In Pari Delicto Doctrine | Practical Law

A Practice Note discussing the use of the in pari delicto doctrine as a defense to certain causes of action asserted by trustees and creditors' committees in bankruptcy cases. This Note also discusses the US Court of Appeals for the Second Circuit's treatment of in pari delicto as an issue of standing under the Wagoner rule rather than as an affirmative defense.

The In Pari Delicto Doctrine

Practical Law Practice Note w-032-4248 (Approx. 14 pages)

The In Pari Delicto Doctrine

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
A Practice Note discussing the use of the in pari delicto doctrine as a defense to certain causes of action asserted by trustees and creditors' committees in bankruptcy cases. This Note also discusses the US Court of Appeals for the Second Circuit's treatment of in pari delicto as an issue of standing under the Wagoner rule rather than as an affirmative defense.