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Results: 1-10 of 9,621

Bankruptcy Court Imposes Massively Disproportionate $45 Million Punitive Exaction, Then Plays Santa Claus With $40 Million Of It
  • Mayer Brown LLP
  • USA
  • April 18 2017

A bankruptcy judge in the Eastern District of California recently issued a decision that is sure to raise appellate eyebrows. Concluding in In re

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

Financial Institution Bankruptcy Act of 2017 - Big Changes for Big Banks
  • Berger Singerman LLP
  • USA
  • April 17 2017

When the real estate market and financial markets tumbled during 2007-2008, the fallout was felt by financial institutions from large multi-billion

Bankruptcy no barrier to disclosure of trust information
  • Buddle Findlay
  • New Zealand, USA
  • March 20 2017

The Supreme Court has recently dismissed an appeal against a Court of Appeal decision on the disclosure of trust documents to discretionary

Third Circuit Holds That Post-Petition Filing of NJ Construction Lien Violates the Automatic Stay
  • Seyfarth Shaw LLP
  • USA
  • April 17 2017

On March 30, the Third Circuit Court of Appeals filed an opinion regarding whether the filing of a mechanic’s lien after the commencement of a

Sabine: The Next Episode
  • Bryan Cave LLP
  • USA
  • April 13 2017

The bankruptcy court was right! Judge Rakoff of the United States District Court for the Southern District of New York stated starkly:

Potential Continuing Impact of the Marblegate Saga
  • O'Melveny & Myers LLP
  • USA
  • April 13 2017

The decision by the Second Circuit Court of Appeals, in a 2-1 ruling,1 to vacate the rulings by the District Court of the Southern District of New

11th Cir. Holds Failure to File Proof of Claim in Receivership Does Not Extinguish Security Interest
  • Maurice Wutscher LLP
  • USA
  • April 17 2017

The U.S. Court of Appeals for the Eleventh Circuit recently held that a court cannot extinguish a secured creditor’s state-law security interests for

Recent Decision in Ampal Confuses Issue Whether Bankruptcy Trustee Can Avoid Extraterritorial Transfer
  • Horwood Marcus & Berk
  • Israel, USA
  • April 19 2017

Courts have held that the Bankruptcy Code's avoidance powers do not apply extraterritorially, SIPC v. Bernard L Madoff Inv. Sec. LLC ("Madoff"),480 B

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