International Insolvency

Friday, April 26, 2024

Article Tags

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Can a U.S. Court Sell a Foreign Debtor’s U.S. Assets ‘Free and Clear’?

Delaware’s Judge Laurie Selber Silverstein tackled several novel questions about a U.S. court’s authority in chapter 15 to approve novel, foreign transactions and sell the foreign debtor’s property in the U.S.

Court :

3rd Circuit

Delaware

New York Judge Rejects a ‘Lockup’ Long Before a Plan Is Negotiated

New York’s Judge Martin Glenn disapproved a lockup agreement masquerading as a plan-support agreement that required the creditor to vote for any plan the debtor might propose.

Court :

2nd Circuit

New York

New York Southern District

In re Black Press Ltd.: A Black Eye for Corporate Enterprise Group Recognition

June 2024

Bankruptcy Code

1517

Topic Tags

International Insolvency

An Interview with Circuit Judge Thomas Ambro: How Article III Judges See Bankruptcy Law, Bankruptcy Judges and the Bankruptcy Code

Bankruptcy Code

Topics

Executory Contracts/Leases

Professional Compensation/Fees

Venue/Jurisdiction

Consumer Bankruptcy

Discharge/Dischargeability

Business Reorganization

Govt. Claims/Sovereign Immunity

International Insolvency

Mass Torts

Small Business

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Cross-Border Recovery in Fraudulent Schemes

Bankruptcy Code

Topics

International Insolvency

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Exporting Corporate Bankruptcies

Bankruptcy Code

Topics

International Insolvency

Links

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Eleventh Circuit Invited to Sit En Banc on Eligibility for Chapter 15 Recognition

For the time being, the Eleventh Circuit has split with the Second Circuit on whether a chapter 15 debtor must have property in the U.S. to gain foreign recognition.

Court :

11th Circuit

Thursday, April 4, 2024

Article Tags

Corporate Governance

Airlines

Business Reorganization

International Insolvency

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Tuesday, April 2, 2024

Article Tags

Corporate Governance

Court Administration

Creditors' Committee

Business Reorganization

International Insolvency

Telecom/Tech

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