A Settlement Term Sheet Signed After Mediation Was an Enforceable Contract The state law standards for creation of a contract governed enforceability of a term sheet signed after mediation. Read more about A Settlement Term Sheet Signed After Mediation Was an Enforceable Contract
A Receiver May File a Chapter 9 Petition over City Officials’ Objections The requirement in chapter 9 to negotiate in good faith before filing is satisfied if the parties are ‘simply too far apart,’ says Bankruptcy Judge Chan. Read more about A Receiver May File a Chapter 9 Petition over City Officials’ Objections
Another Court Limits ‘Related To’ Jurisdiction Based on Indemnification Claims W.R. Grace makes more law on channeling injunctions. Read more about Another Court Limits ‘Related To’ Jurisdiction Based on Indemnification Claims
Plan’s Treatment of Secured Claim Trumps Failure to Redeem on Time Courts split on whether failure to redeem on time is fatal in reorganization. Judge Name - Do not use it. Ashely M. Chan, John T. Laney III Read more about Plan’s Treatment of Secured Claim Trumps Failure to Redeem on Time
Chapter 13 Equated with Chapter 11 on Derivative Standing for Creditors Creditor can sue when a chapter 13 trustee won’t or can’t. Judge Name - Do not use it. Ashley M. Chan Read more about Chapter 13 Equated with Chapter 11 on Derivative Standing for Creditors