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Surety bonds: direct claims v derivative claims who knew?

  • Pepper Hamilton LLP
  • -
  • USA
  • -
  • February 13 2015

The debtor made claims against a surety that issued a performance bond in connection with a construction contract. The surety contended that it was

New York bankruptcy court adopts expansive view of section 363 free and clear assets sales

  • Dechert LLP
  • -
  • USA
  • -
  • April 8 2013

In a recent decision,the Bankruptcy Court for the Northern District of New York broadly interpreted the meaning of “interest” in the context of

The not-so-remote possibility of the bankruptcy of a bankruptcy remote entity

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 18 2015

A bankruptcy remote entity is a special-purpose vehicle (or special purpose entity) (“SPV”) that is formed to hold a defined group of assets and to

Wrong place, wrong time: beware the statute of limitations!

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • February 17 2015

Today’s blog is about a recent non-precedential decision from the Third Circuit, In re Winstar Communications, Inc. The decision is short and simple

Constructively charged with having retroactive actual notice when challenging an improperly recorded defective mortgagewait, what?

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • February 17 2015

“Great casesmake bad law” declared Supreme Court Justice Oliver Wendell Holmes Jr. In his dissenting opinion in the Northern Securities antitrust

Trump Taj Mahal fined record $10 million for inadequate AML program

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 20 2015

As disclosed recently in a bankruptcy court filing, on January 27, 2015, the Financial Crimes Enforcement Network ("FinCEN") imposed a $10 million

The year in bankruptcy 2013

  • Jones Day
  • -
  • Global, USA
  • -
  • January 22 2014

The eyes of the financial world were on the U.S. during 2013. The view was dismaying and encouraging in roughly equal parts. The U.S. rang in the new

Rambo beware contentious conduct is costly to Counsel

  • Squire Patton Boggs
  • -
  • USA
  • -
  • February 23 2015

What began as a garden variety bankruptcy claims objection has ended with a sharply-worded, sixty-page opinion, in which the Sixth Circuit's

A longer statute of limitations period for pursuing fraudulent transfer actions may exist

  • Reed Smith LLP
  • -
  • USA
  • -
  • June 12 2013

544(b) of the Bankruptcy Code empowers a bankruptcy trustee to avoid any transfer of an interest of the debtor in property that is voidable under

“Nursing facility takes a creative path to skirt Medicare termination”

  • Quarles & Brady LLP
  • -
  • USA
  • -
  • February 19 2015

Long-term care providers may have a new avenue to stave off financial collapse when faced with a proposed termination by the Centers for Medicare and