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Schulte Roth & Zabel LLP

NLRB’s office of the General Counsel addresses employee handbook policies

USA - May 12 2015 Following the National Labor Relations Board's (the "NLRB's") recent increased focus on employment policies and employees' rights under Section 7 of

Fifth Circuit finds undersecured creditor waived right to credit bid

USA - May 11 2015 An undersecured creditor ("C") intending to credit bid at a sale of the debtor's unencumbered property must give "notice" of its intent to the

Ninth Circuit insulates corporate insider from preference liability

USA - May 13 2015 "A corporate insider who personally guaranteed" the debtor's loan was not liable on a bankruptcy trustee's preference claim when the corporate debtor

District court affirms cramdown plan in Momentive case

USA - May 14 2015 The U.S. District Court for the Southern District of New York, on May 4, 2015, affirmed U.S. Bankruptcy Judge Robert D. Drain’s decision confirming

New York City to restrict employers’ use of credit history in employment decisions

USA - April 30 2015 On April 16, 2015, by a 47-3 margin, the New York City Council passed a bill restricting employers from requesting or using the credit history of

European Parliament votes in favor of mandatory conflict minerals compliance requirements for downstream companies

European Union - May 20 2015 The European Parliament on May 20, 2015 voted to overturn the European Commission's proposal, as well as the proposal of the Parliament's Committee

District court affirms cramdown plan in Momentive case

USA - May 14 2015 The U.S. District Court for the Southern District of New York, on May 4, 2015, affirmed U.S. Bankruptcy Judge Robert D. Drain’s decision confirming

Ninth Circuit insulates corporate insider from preference liability

USA - May 13 2015 "A corporate insider who personally guaranteed" the debtor's loan was not liable on a bankruptcy trustee's preference claim when the corporate debtor

NLRB’s office of the General Counsel addresses employee handbook policies

USA - May 12 2015 Following the National Labor Relations Board's (the "NLRB's") recent increased focus on employment policies and employees' rights under Section 7 of

Fifth Circuit finds undersecured creditor waived right to credit bid

USA - May 11 2015 An undersecured creditor ("C") intending to credit bid at a sale of the debtor's unencumbered property must give "notice" of its intent to the