Supreme Court clarifies lenders' right to credit bid *

USA - June 4 2012
In Radlax Gateway Hotel, LLC v. Amalgamated Bank, the United States Supreme Court on May 29th resolved a dispute among federal appeals courts by confirming the right of secured lenders to credit bid when debtors propose to sell assets under a reorganization plan.

Co-authors: Paul Rubin, Stephen Selbst.

Tactical delay of bankruptcy filing backfires on debtor's principal *

USA - April 30 2012
A recent opinion from the United States Bankruptcy Court for the Western District of New York shows that even the best laid strategies can return to haunt the insiders of a debtor.

Co-authors: Paul Rubin.