We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 30

No market interest rate and no make whole: Momentive Performance Court rejects lender arguments against confirmation
  • Cadwalader Wickersham & Taft LLP
  • USA
  • September 17 2014

On August 26, 2014, Judge Robert D. Drain of the United States Bankruptcy Court for the Southern District of New York ruled that (i) the debtors


Court rules that Detroit is eligible for Chapter 9 and that pensions may be impaired in Chapter 9
  • Cadwalader Wickersham & Taft LLP
  • USA
  • December 6 2013

On December 5, 2013, the U.S. Bankruptcy Court for the Eastern District of Michigan released its 143 page decision upholding the City of Detroit's


Court approves extension of the automatic stay in Detroit’s chapter 9
  • Cadwalader Wickersham & Taft LLP
  • USA
  • July 26 2013

On July 24, 2013, Judge Steven W. Rhodes of the Bankruptcy Court for the Eastern District of Michigan approved the City of Detroit's motion to extend


Bankruptcy Court for Southern District of New York prohibits triangular setoff provided for in safe harbored contract
  • Cadwalader Wickersham & Taft LLP
  • USA
  • October 12 2011

On October 4, 2011, the United States Bankruptcy Court for the Southern District of New York ruled that a contractual right of a triangular (non-mutual) setoff was unenforceable in bankruptcy, even though the contract was safe harbored


Court holds that San Bernardino is eligible to file for Chapter 9
  • Cadwalader Wickersham & Taft LLP
  • USA
  • October 24 2013

On October 16, 2013, the U.S. Bankruptcy Court for the Central District of California ruled that the City of San Bernardino is eligible for


City of Detroit files Chapter 9 bankruptcy petition challenges ahead
  • Cadwalader Wickersham & Taft LLP
  • USA
  • July 19 2013

On the afternoon of July 18, 2013, the City of Detroit filed its highly anticipated petition for relief under Chapter 9 of the Bankruptcy Code in the


Court holds that Stockton is eligible to file for chapter 9
  • Cadwalader Wickersham & Taft LLP
  • USA
  • April 3 2013

On April 1, 2013, the U.S. Bankruptcy Court for the Eastern District of California ruled that the City of Stockton qualified to file for protection


Third Circuit upholds use of discounted cash flow method under Bankruptcy Code Section 562 in In re American Home Mortgage Holdings, Inc., et al.
  • Cadwalader Wickersham & Taft LLP
  • USA
  • March 2 2011

On February 16, 2011, the United States Court of Appeals for the Third Circuit ruled that a discounted cash flow analysis constituted "a commercially reasonable determinant of value" for purposes of section 562(a) of the United States Bankruptcy Code


S.D.N.Y. Bankruptcy Court continues to construe Bankruptcy Code’s safe harbor provisions narrowly
  • Cadwalader Wickersham & Taft LLP
  • USA
  • June 7 2011

In two recent decisions, the United States Bankruptcy Court for the Southern District of New York has interpreted narrowly certain of the Bankruptcy Code’s safe harbor provisions


Detroit bankruptcy court refuses stay of Chapter 9 eligibility hearing under Stern v. Marshall
  • Cadwalader Wickersham & Taft LLP
  • USA
  • September 30 2013

On September 26, 2013, Judge Steven W. Rhodes of the U.S. Bankruptcy Court for the Eastern District of Michigan denied the Official Committee of