An oversecured lender’s right to default interest and late payment penalties *

USA - June 22 2012
It is common for lenders to require borrowers to agree to pay a higher interest rate, known as the default rate, following an event of default under a loan.

Is Chapter 9 really an option for most municipalities? *

USA - February 29 2012
News reports in 2011 suggested that municipal bankruptcy filings were frequent and substantial.

Co-authors: Francisco Vazquez.

Going, going, gone: selling the Cubs and Rangers in bankruptcy *

USA - February 1 2011
In the last eighteen months, two Major League Baseball teams, the Chicago Cubs and the Texas Rangers, were sold in bankruptcy.

Avoidance powers in Chapter 15 proceedings *

USA - August 18 2010
The Court of Appeals for the Fifth Circuit recently held that Chapter 15 of the Bankruptcy Code does not prohibit a foreign representative from bringing an avoidance action so long as the claim for relief is based on the substantive laws of the jurisdiction where the foreign proceeding is located.