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Borrower’s opinion of value deprives lender of summary judgment in deficiency action in North Carolina
  • Hutchens Law Firm
  • USA
  • August 31 2015

Following a foreclosure sale the general rule is that the amount of the debt is reduced by the net proceeds realized from the sale, setting the

Nonresidential leases: what does it take to avoid deemed rejection?
  • Pepper Hamilton LLP
  • USA
  • August 19 2015

A chapter 11 debtor sought to assume a restaurant lease. The landlord objected, arguing among other things that the lease was not timely assumed and

Polish legislation newsletter July 2015
  • Clifford Chance LLP
  • Poland
  • August 13 2015

This legislation newsletter summarises selected changes to Polish law. It is not comprehensive and does not present all the changes to Polish law that

Foreign assets: overseas but over here in a bankruptcy
  • Bircham Dyson Bell
  • United Kingdom
  • November 24 2011

Earlier this year, the High Court gave judgment in a case involving a bankrupt who owned property in Morocco (Saunders v Donovan, unreported

Avant-projet de loi sur le bail commercial : projet avorté ou prémisses d'une réforme plus profonde ?
  • CMS DeBacker
  • Luxembourg
  • March 26 2014

Suite aux faillites d'une quinzaine de boutiques au mois de septembre dernier au centre-ville de Luxembourg et partant du constat de la disparition

Commercial leases in bankruptcy
  • Wiley Rein LLP
  • USA
  • February 17 2012

The last several years have seen bankruptcy filings from prominent retail chains such as Borders, Circuit City, Blockbuster, Movie Gallery and Ritz Camera

A competitor to the DIFC? The emergence of the Abu Dhabi Global Market as an alternative ‘offshore’ legal framework within the UAE
  • Berwin Leighton Paisner LLP
  • United Arab Emirates
  • July 29 2015

The ADGM was established in Abu Dhabi in 2013. However, the ADGM has only recently (on 15 June 2015) published its first set of commercial rules and

Doing business in Russia 2015
  • Baker & McKenzie
  • Russia
  • March 12 2015

The Russian Federation stretches across Eurasia from Eastern Europe to the Pacific coast. After the collapse of the Soviet Union, Russia became the

Abandonment: when property drops out of the bankruptcy estate
  • Pepper Hamilton LLP
  • USA
  • September 9 2014

In a case that was converted from a chapter 11 reorganization to a chapter 7 liquidation, the debtor sought an order directing the trustee to abandon

Landlords: beware when terminating and evicting commercial tenants
  • Fox Rothschild LLP
  • USA
  • January 20 2012

When a tenant under a commercial lease defaults and the landlord wishes to exercise a right to terminate the lease and evict the tenant, the landlord must comply with the terms of the lease and the applicable law regarding termination and eviction