VC Experts publishes Troutman Sanders' client alert
New York partner Mitch Perkiel and Atlanta partner Carolyn Richter’s Troutman Sanders Bankruptcy advisory was picked up and published, with permission, by VC Experts, a private equity/venture capital/hedge-fund industry organization.
The advisory instructs private equity and venture capital firms to repose independent management at their portfolio companies in order to better protect the parent entity from creditor claims in an insolvency of a portfolio company.