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Top 10 Bankruptcies of 2016
  • Jones Day
  • USA
  • January 27 2017

With one exception, the Top 10 List of "public company" (defined as a company with publicly traded stock or debt) bankruptcies of 2016 consisted


In Brief: Court Rules Against Lyondell Litigation Trustee on LBO Fraudulent Conveyance Claims
  • Jones Day
  • USA
  • May 31 2017

In Weisfelner v. Blavatnik (In re Lyondell Chemical Company), 2017 BL 131876 (Bankr. S.D.N.Y. Apr. 21, 2017), the bankruptcy court presiding over the


House Passes Legislation Allowing Financial Institutions to Seek Chapter 11 Protection
  • Jones Day
  • USA
  • June 12 2017

On April 5 and June 8, 2017, the U.S. House of Representatives passed bills (the Financial Institution Bankruptcy Act of 2017 ("FIBA") and the


Top 10 bankruptcies of 2014
  • Jones Day
  • USA
  • February 3 2015

The composition of the Top 10 List of public bankruptcy filings for 2014 indicates that the U.S. has largely left behind the fraud, excess, abuse


U.S. Supreme Court Holds That Structured Dismissals Cannot Deviate From the Bankruptcy Code's Priority Scheme
  • Jones Day
  • USA
  • June 1 2017

In bankruptcy cases under chapter 11, debtors sometimes opt for a "structured dismissal" when a consensual plan of reorganization or liquidation


The year in bankruptcy: 2012
  • Jones Day
  • USA
  • February 4 2013

December 2012 marked the fifth anniversary of the beginning of the Great Recession, which officially began in December 2007 and ended in June 2009


Oil and Gas Industry Update: District Court Upholds Rejection of Sabine Gas Gathering Agreements
  • Jones Day
  • USA
  • May 31 2017

In a highly anticipated decisionHPIP Gonzales Holdings, LLC v. Sabine Oil & Gas Corp. (In re Sabine Oil & Gas Corp.), 2017 BL 83510 (S.D.N.Y. Mar. 9


First Circuit Ruling Highlights Difference Between PROMESA Stay and Automatic Stay in Bankruptcy
  • Jones Day
  • USA
  • April 13 2017

An important aspect of the Puerto Rico Oversight, Management, and Economic Stability Act, 48 U.S.C. 2101-2241 ("PROMESA")the temporary stay of


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


The Year in Bankruptcy: 2015
  • Jones Day
  • Global, USA
  • February 1 2016

The world’s second-largest economy (China) stumbled; Japan receded; the U.K. showed signs of life; the war-torn Middle East reeled; oil