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.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 35

Perfection and priority of oil & gas producers' liens in doubt

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • June 25 2009

Oil and gas producers in Texas and a handful of other states have had the comfort of believing that they held purchase money security interests against the production in the hands of first purchasers and proceeds of that production

Appellate panel teaches the electric slide, sets forth a standard for determining whether electricity is a “good” for purposes of section 503(b)(9)

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • October 2 2014

And so we return to the debate about whether electricity is a “good” for purposes of section 503(b)(9) of the Bankruptcy Code this time featuring

A closer look at the Satcon Technology bankruptcy

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • October 21 2012

On October 17, 2012, Satcon Technology Corporation and various of its subsidiaries (collectively, "Satcon") filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware

A closer look at the Bicent Power bankruptcy

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • April 29 2012

On April 23, 2012, Bicent Holdings LLC, and various related entities (collectively "Bicent" or the "Debtors") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware

Energy Future Holding Corp. files a chapter 11 case to restructure roughly $50b of debt

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • May 6 2014

On April 29, 2014, power giant Energy Future Holding Corp. ("Energy Future"), along with 70 subsidiaries, filed for chapter 11 protection in the

Defending preference actions: understanding your rights as a creditor

  • Liskow & Lewis
  • -
  • USA
  • -
  • July 14 2014

There is nothing more frustrating to a creditor than finally getting paid for goods or services, only to have a customer file for bankruptcy

Is triangular set-off enforceable under US laws?

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 29 2009

It is not uncommon to find in trading agreements triangular set-off provisions, also commonly referred to as “cross-affiliates” set-off clauses

NAESB contract not protected by Bankruptcy Code safe harbor provisions

  • McDermott Will & Emery
  • -
  • USA
  • -
  • October 8 2007

The decision of the U.S. Bankruptcy Court in Hutson v. Smithfield Packing Co. (In re National Gas Distributors, LLC) poses potentially serious problems for parties trading gas under the North American Energy Standards Board (NAESB) base contract

Fifth Circuit finds that an electricity requirements contract is a “forward contract” exempt from Bankruptcy Code’s avoidance powers

  • Cadwalader Wickersham & Taft LLP
  • -
  • USA
  • -
  • October 11 2012

On August 2, 2012, the United States Court of Appeals for the Fifth Circuit held that a requirements contract for electricity is a forward contract for purposes of section 546(e) of the Bankruptcy Code and, therefore, settlement payments made under the contract are exempt from avoidance as preferences

“Officer” titles do they confer insider status?

  • Dechert LLP
  • -
  • USA
  • -
  • September 24 2014

Insider status in U.S. bankruptcy carries with it significant burdens. Insiders face a one year preference exposure rather than the 90 day period