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Supreme Court Denies Petition for Certiorari in Tribune Creditors’ Case

USA - April 19 2021 In March, we reported on a brief filed by the Solicitor General recommending denial of a petition for certiorari filed by Tribune creditors seeking…

Appeals Court Rules That a Discharge Injunction Bars a Fraudulent Transfer Claim Based on a Non-Dischargeable Debt

USA - April 15 2021 A discharge of debt in bankruptcy “operates as an injunction against the commencement or continuation of an action, the employment of process, or an…

Daniel A. Lowenthal

Delaware Bankruptcy Court Issues Decision on Whether a Debtor Can Be a “Financial Participant”

USA - January 15 2021 We have blogged previously about section 546(e), the Bankruptcy Code’s safe harbor for certain transfers otherwise subject to avoidance as…

Daniel A. Lowenthal

Bankruptcy Court Denies Section 546(e) Safe Harbor Protection in Fraudulent Transfer Action

USA - November 16 2020 The Bankruptcy Code enables a trustee to set aside certain transfers made by debtors before bankruptcy. See 11 U.S.C. §§ 544, 547, 548. These…

Daniel A. Lowenthal

Delaware Bankruptcy Court Rejects Late Filings of Asbestos Claims

USA - September 18 2020 Last February, we blogged about the Third Circuit’s decision in In re Energy Future Holdings Corp, No. 19-1430, 2020 U.S. App. LEXIS 4947 (Feb. 18…

Daniel A. Lowenthal