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Results 1 to 4 of 4



CFTC issues relief for cross-border trading of swaps on Qualifying multilateral trading facilities in the European Union

USA - February 14 2014 On February 12, 2014, the Division of Market Oversight (DMO) of the United States Commodity Futures Trading Commission (CFTC) issued a no-action…

Co-authors: Tim Aron, Ross Pazzol, Guy C. Dempsey Jr., Carolyn H. Jackson, Nathaniel Lalone.


Municipal bankruptcies: an overview and recent history of Chapter 9 of the Bankruptcy Code

USA - July 23 2013 The City of Detroit filed for protection under chapter 9 of the Bankruptcy Code on July 18, 2013,1 becoming the largest municipality to ever file for…

Co-authors: Kenneth E. Noble.


Ninth Circuit holds that debt can be recharacterized as equity

USA - June 5 2013 The US Court of Appeals for the Ninth Circuit recently resolved a split within the circuit when it held that a bankruptcy court has the power to…

Co-authors: Jeff J. Friedman.


Ninth Circuit prohibits bankruptcy courts from entering judgments on fraudulent conveyance claims against non-claimants

USA - December 13 2012 The Ninth Circuit recently held that: (1) bankruptcy courts lack the constitutional authority to enter a final judgment on all fraudulent transfer claims against non-claimants, whether brought under state or federal law, and (2) a defendant can waive such an argument by not asserting the applicability of Stern v. Marshall at the trial level.

Co-authors: Craig A. Barbarosh, Karen B. Dine, Bertrand J. Choe.