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Results: 1-10 of 108

New York district court denies proof of claim based on equity interests in non-debtor entities

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 16 2014

The Southern District of New York recently reiterated the critical difference between creditor claims and equity interests in the bankruptcy context

N.Y. Court of Appeals set to decide whether bankrupt law firms can claw back “unfinished business” profits from their former partners

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 9 2014

On June 4, 2014, the New York Court of Appeals will hear arguments arising from the bankruptcies of two law firmsThelen and Coudert

Ignition switch claims collide with bankruptcy court approved sale of GM assets free and clear of claims

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 29 2014

Following recall notices for its ignition switches in February 2014, General Motors, LLC ("New GM") has been hit with at least 50 class actions and

Ordinary business terms analyzing the objective defense to avoidable preferences

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 24 2014

On April 17, 2014, the United States Bankruptcy Judge Sean H. Lane issued an opinion in the Waterford Wedgwood bankruptcy discussing at length one of

Bankruptcy court opinion serves as a reminder that credit bid rights are not absolute

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 18 2014

A recent opinion out of the United States Bankruptcy Court for the Eastern District of Virginia (Richmond Division) serves as a reminder to secured

Recent bankruptcy appellate panel decision highlights importance of filing proofs of claim before the bar date

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 4 2014

The Ninth Circuit's Bankruptcy Appellate Panel (BAP) recently upheld the disallowance of a credit union's claims after the credit union's

Opportunities created by The Sbarro's bankruptcy filing

  • Wiley Rein LLP
  • -
  • USA
  • -
  • March 18 2014

On Monday, March 10, 2014, the companies that own and operate the Sbarro pizza chain, Sbarro LLC and 33 affiliates, filed for bankruptcy

Policyholder’s bankruptcy does not relieve insurer’s obligations for “loss”

  • Wiley Rein LLP
  • -
  • USA
  • -
  • March 10 2014

The Court of Appeals of Wisconsin, applying Wisconsin law, has held that a policyholder's bankruptcy did not relieve an insurer of its obligations to

Sixth Circuit finds no bankruptcy exception to prohibition against direct actions in Tennessee

  • Wiley Rein LLP
  • -
  • USA
  • -
  • February 24 2014

The Court of Appeals for the Sixth Circuit held that no exception exists to Tennessee's general prohibition on direct actions against an insurer

Fourth Circuit protects rights of patent licensees in cross-border bankruptcy case

  • Wiley Rein LLP
  • -
  • USA
  • -
  • December 5 2013

On December 3, 2013, the United States Court of Appeals for the Fourth Circuit affirmed the decision of the United States Bankruptcy Court for the