Quantcast
Home / Opinion Digests / Bankruptcy – Promissory Note – Release (access required)

Bankruptcy – Promissory Note – Release (access required)

Debtor company’s former CEO, who bought $20 million in company stock when he joined the company by paying half in cash and signing a promissory note for $10 million, cannot escape plaintiff bankruptcy trustees’ efforts to collect on the note by citing language in his termination agreement that the CEO claims released him from the ...

Leave a Reply