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Results: 1-10 of 3,540

Buyer be prepared

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • December 25 2014

A rise of cross-border insolvencies in recent years has generated substantial litigation. In some cases, US bondholders, perceiving their treatment

The cycle of fiduciary duties ownerdirectors of solvent companies owe fiduciary duties only to themselves

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • December 17 2014

It is widely known that under Delaware law, officers and directors of a solvent corporation owe fiduciary duties not to the corporation’s creditors

When is a typo In a loan document more than just a typo?

  • Husch Blackwell LLP
  • -
  • USA
  • -
  • December 17 2014

On November 21, 2014, the United States Court of Appeals for the Seventh Circuit issued a very tough opinion for lenders. In this case, a borrower

Foolish inconsistency

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • December 17 2014

The Seventh Circuit Court of Appeal's recent decision in State Bank of Toulon v. Covey (In re Duckworth)Case Nos. 14-1561 and 1650 (7th Cir. November

Slouching towards bankruptcy: corporate fiduciaries escape liability in Ultimate Escapes

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • December 16 2014

As a company turns in the widening gyre of financial distress, its directors and officers are often confronted with situations that require them to

Virginia LLC update: bankruptcy court refuses to impose fiduciary duty of loyalty on a manager of a Virginia LLC

  • Hunton & Williams LLP
  • -
  • USA
  • -
  • December 16 2014

On November 5, 2014, the United States Bankruptcy Court for the Western District of Virginia issued a noteworthy opinion that runs counter to what

Bankruptcy Court finds debtor entitled to a "free house" because mortgage foreclosure complaint barred by New Jersey statute of limitations

  • Duane Morris LLP
  • -
  • USA
  • -
  • December 16 2014

Mortgage lenders should be aware of the New Jersey statute of limitations on mortgage foreclosure complaints. In In re Washington, 2014 Bankr. LEXIS

Mortgage recording requirements: tiny technical defect strikes again

  • Pepper Hamilton LLP
  • -
  • USA
  • -
  • December 16 2014

A chapter 7 trustee sought to avoid mortgages on three properties using his “strong arm” powers, arguing that they were improperly recorded and thus

SCOTUS to decide whether order denying plan confirmation is “final,” appealable

  • Squire Patton Boggs
  • -
  • USA
  • -
  • December 15 2014

The Supreme Court granted cert last Friday in the case of Bullard v. Hyde Park Savings Bank, in which the First Circuit held that an order denying

Why you may not want to get all your news from Facebook

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • December 15 2014

Providing proper notice to existing and potential creditors is an important consideration for debtors' counsel. A seminal Supreme Court decision