Finance and Banking

Sale of a Debtor’s Claim Was Champertous and Void, Fifth Circuit Says

Selling a debtor’s claims must be structured to avoid champerty under state law.

Fifth Circuit Explains When There Is No Double Recovery from Avoiding a Lien

Circuit Judge Edith Jones explains that the word ‘or’ in Section 550(a) doesn’t mean ‘and.’

Consent Is an Exception to Jevic’s Insistence on Respecting Priorities in Distribution

Consent from administrative creditors provided grounds for approving DIP financing and a sale when the estate was administratively insolvent.

Managing estate funds and distributions has always required care, diligence, and a strong understanding of fiduciary duties.[1] But over the past decade, the global landscape has shifted in ways that have made these responsibilities significantly more complex and time-consuming. From heightened regulatory oversight to technological threats and cross-border complications, today’s fiduciaries face a far more demanding environment than ever before.