Byron Pogir

Nov 30, 2023 | jdsupra.com | Jon Janes |Byron Pogir

Bankruptcy is always sad—and sometimes it’s also a litigation problem. In this week’s D&O Notebook, my colleagues Byron Pogir and Jon Janes discuss the cautionary tale of Bed Bath & Beyond’s bankruptcy. – Priya Huskins “How did you go bankrupt? Two ways. Gradually, then suddenly.” – Ernest HemingwayIn September 2023, former employees of Bed Bath & Beyond sued members of the company’s 401(k) committee, the committee responsible for the prudent management of the company’s 401(k) plan.