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Results: 1-10 of 369

Deepening the Divide: Court Rules That Bankruptcy Code’s Avoidance Provisions Do Not Apply Extraterritorially
  • Jones Day
  • Global, USA
  • April 13 2017

The ability to avoid fraudulent or preferential transfers is a fundamental part of U.S. bankruptcy law. However, when a transfer by a U.S. entity


Tribune 2: No Actual Fraud Imputation in Avoidance Litigation Absent Control by Corporate Actors
  • Jones Day
  • USA
  • April 13 2017

With its landmark ruling in Deutsche Bank Trust Co. Ams. V. Large Private Beneficial Owners (In re Tribune Co. Fraudulent Conveyance Litig.), 818 F


Chapter 15 Inapplicable Unless "Foreign Representative" Seeks Enforcement of Foreign Insolvency Court’s Order
  • Jones Day
  • USA
  • April 13 2017

Chapter 15 of the Bankruptcy Code offers an effective mechanism for U.S. courts to provide assistance to non-U.S. courts presiding over the


In Brief: U.S. Supreme Court Invalidates Nonconsensual "Structured Dismissal" of Chapter 11 Case Incorporating Settlement Deviating From Bankruptcy Code’s Priority Scheme
  • Jones Day
  • USA
  • April 13 2017

In a highly anticipated decision, the U.S. Supreme Court ruled on March 22, 2017, in Czyzewski v. Jevic Holding Corp., No. 15-649, 2017 BL 89680 (U.S


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


In Brief: Delaware Bankruptcy Court Rules That Bond Indenture Fee Defense Provision Satisfies
  • Jones Day
  • USA
  • April 13 2017

In an opinion and order issued on March 8, 2017, the Delaware Bankruptcy Court presiding over the chapter 11 cases of defunct


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: 2011
  • Jones Day
  • USA
  • January 20 2012

A "roller-coaster ride of financial and economic uncertainty" would be one way to describe 2011


In Brief: District Court Denies Lyondell Shareholders' Motion to Reconsider Actual Fraud Imputation Ruling or to Certify Direct Appeal
  • Jones Day
  • USA
  • December 2 2016

In Weisfelner v. Hofmann (In re Lyondell Chem. Co.), 2016 BL 241310 (S.D.N.Y. July 27, 2016), the U.S. District Court for the Southern District of


Southern District of New York Bankruptcy Court Rules That Avoidance Powers Apply Extraterritorially
  • Jones Day
  • USA
  • March 22 2016

Over the past 21 years, two U.S. district court judges in the Southern District of New York have held that the avoidance powers conferred on a