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Business Reorganization

Sub V Has a Flexible Commitment Period in Cramdown, Ninth Circuit BAP Says

Unlike chapters 12 and 13, the bankruptcy court in Subchapter V has discretion in selecting the commitment period for confirmation of a cramdown plan.

9th Circuit
Thursday, May 12, 2022
Article Tags
Claims
Bankruptcy Litigation
Corporate Governance
Court Administration
Creditors' Committee
Business Reorganization
Health Care
Mass Torts
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Thursday, May 12, 2022
Article Tags
Claims
Bankruptcy Litigation
Corporate Governance
Court Administration
Creditors' Committee
Business Reorganization
Please note that in order to view the content for the Bankruptcy Headlines please log in if you are already an ABI member, or otherwise you may Become an ABI Member
Thursday, May 12, 2022
Article Tags
Corporate Governance
Court Administration
Creditors' Committee
Business Reorganization
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Thursday, May 12, 2022
Article Tags
Corporate Governance
Court Administration
Creditors' Committee
Airlines
Business Reorganization
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An Initial ‘Recipient’ of a Fraudulent Transfer Isn’t Always Liable Under § 550(a)(1)

The Second Circuit says that an initial ‘recipient’ isn’t automatically an initial ‘transferee’ liable for an avoidable transfer under Section 550(a)(1).

2nd Circuit
Wednesday, May 11, 2022
Article Tags
Asset Sales
Corporate Governance
Court Administration
Creditors' Committee
Business Reorganization
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Wednesday, May 11, 2022
Article Tags
Claims
Bankruptcy Litigation
Court Administration
Creditors' Committee
Business Reorganization
Mass Torts
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Circuits Possibly Split on Bankruptcy as Discharging Coal Act Liability for Health Benefits

Over a dissent, the Eleventh Circuit held that a 1995 chapter 11 plan discharged the liability of ‘related persons’ to pay health care benefits when a coal producer defaulted on the obligation in 2016.

11th Circuit
Tuesday, May 10, 2022
Article Tags
Corporate Governance
Court Administration
Creditors' Committee
Business Reorganization
Retail
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