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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


Credit bidding: not an absolute right (and what does that mean?)
  • Pepper Hamilton LLP
  • USA
  • July 29 2015

A mortgagee sought to modify a sale order to (1) modify the bid procedures and (2) confirm that it had a right to credit bid. The debtor obtained a


Second mortgages cannot be voided in Chapter 7 bankruptcy proceedings
  • Jimerson & Cobb P.A.
  • USA
  • July 8 2015

In a post-housing crisis economy, many homeowners, facing a plummet in home values, found themselves trapped in homes that are worth less than the


Le tribunal étudie les critères d’application de l’article 96 LFI dans le cadre d’une opération prétendument sous-évaluée.
  • Miller Thomson LLP
  • Canada
  • July 3 2015

Dans cette affaire, le syndic demande au tribunal de déclarer sous-évaluée au sens de l’article 96 L.F.I. Le transfert par le failli Ortner d’un


Mortgagees beware: District Court affirms Momentive below market cramdown interest ruling
  • Haynes and Boone LLP
  • USA
  • June 15 2015

Sophisticated real estate lenders spend significant amounts of time and energy attempting to insulate themselves from potential bankruptcy filings by


How secure are your terms of sale?
  • Johnson Winter & Slattery
  • Australia
  • June 5 2015

The standard terms of sale of a supplier can form part of a credit application by its customer, appear on sales invoices or order forms or on the


Nutter bank report, May 2015
  • Nutter McClennen & Fish LLP
  • USA
  • May 29 2015

The federal banking agencies and the CFPB have issued a final rule that implements the minimum requirements in the Dodd-Frank Wall Street Reform and


Can avoiding potential litigation be considered an uncommercial transaction?
  • McInnes Wilson Lawyers
  • Australia
  • May 13 2015

When a company goes into liquidation liquidators will often try to 'claw back' uncommercial transactions. The recent case of 640 Elizabeth Street Pty


Manufactured home lien: forget perfection, you need to have a lien in the first place
  • Pepper Hamilton LLP
  • USA
  • March 25 2015

A chapter 7 trustee sought to avoid a credit union’s security interest in a manufactured home by asserting his strong arm powers as a hypothetical


Land contracts: mortgage priority and other complications
  • Pepper Hamilton LLP
  • USA
  • February 20 2015

A Chapter 7 trustee sought to avoid a mortgage on the debtors’ property using the “strong arm” powers of a hypothetical bona fide purchaser of real