We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Kramer Levin Naftalis & Frankel LLP

Follow

Mobile Passport Control App Promises to Speed U.S. Re-entry Process for U.S. Citizens and Canadian Citizen Visitors

Canada, USA - August 12 2016 Mobile Passport Control (MPC) is an app designed to expedite the U.S. entry process for U.S. citizens and Canadian citizen visitors. The app allows

Trust Indenture Act Litigation by Plaintiff Firms May Interfere With Out-of-Court Restructurings

USA - August 16 2016 Several recent cases in the United States District Court for the Southern District of New York have created ambiguity about when distressed exchange

H-1B Employer Found Liable for Substantial Back Wages After Failing to Notify USCIS of Termination

USA - August 15 2016 As we have advised in the past, a bona fide termination of an H-1B employee by an employer only occurs when the employer does all of the following:

When Does an MFN Interest Rate Increase Trigger Cancellation of Debt Income?

USA - August 22 2016 Incremental loan provisions in non-investment grade syndicated credit agreements uniformly contain "most favored nation" ("MFN") pricing protection

Current Form I-9 Remains Effective Following Expiration Date

USA - August 16 2016 USCIS has announced that until further notice, employers should continue using the current version of Form I-9 for employment eligibility

When Does an MFN Interest Rate Increase Trigger Cancellation of Debt Income?

USA - August 22 2016 Incremental loan provisions in non-investment grade syndicated credit agreements uniformly contain "most favored nation" ("MFN") pricing protection

Actualite juridique Juin - Juillet 2016

European Union, USA - August 22 2016 L’ESMA a publié le 19 juillet 2016 une mise à jour de ses questions-réponses relatives à l’application de la Directive du 23 juillet 2014 n

Enforceability of Subordination Provisions in Synthetic CDOs - Lehman Revisited

USA - August 16 2016 On June 28, 2016, Judge Chapman of the U.S. Bankruptcy Court for the Southern District of New York ruled in Lehman Brothers Special Financing Inc. v

Use of Tender Offers in Bankruptcy to Effect a Pre-confirmation Settlement

USA - August 16 2016 The Third Circuit recently affirmed that a debtor in Chapter 11 can use a tender offer to settle claims without running afoul of the Bankruptcy Code

No Turnover of the Make-whole Amount in the EFH Bankruptcy

USA - August 16 2016 In a pair of decisions in 2015, the United States Bankruptcy Court of the District of Delaware determined that neither the first lien notes trustee