Yiming Sun

Print
Comment
87.4
The Golden Share: Attaching Fiduciary Duties to Bankruptcy Veto Rights
Yiming Sun
BA 2018, University of California, Los Angeles; JD Candidate 2021, The University of Chicago Law School.

I wish to thank Professors Douglas Baird and Anthony Casey, as well as The University of Chicago Law Review editors, for their guidance and advice throughout the writing process.

Suppose you are a large investment fund that just loaned money to a company. Like many large lenders, you secured the loan with the company’s equipment as collateral. But unfortunately, the company missed an interest payment and defaulted under the terms of its notes. What’s worse, it subsequently filed for bankruptcy.