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Bankruptcy Courts Contemplate Debtors' Rejection of Real Property Covenants in Midstream Contracts

USA - December 3 2020 Over the past four years, midstream firms have struggled to adapt their long-standing practices and adjust their long-held expectations, which were…

Mark L. Jones, Kristin D. Kluding, Scott E. Prince

Third Circuit Upholds Foreclosure Sale Against Preference Attack

USA - July 23 2018 On July 19, the Third Circuit Court of Appeals entered a decision upholding the results of a foreclosure sale against a debtor’s allegation that the…

Supreme Court Holds That Cities Have Standing to Sue for Fair Housing Act Violations

USA - May 9 2017 On Monday, in Bank of America Corp. et al. v. City of Miami, Florida, the Supreme Court held in a 5-3 decision that the City of Miami had standing to…

Ninth Circuit Holds That Rule Allowing Curing Debtors to Avoid Contractual Post-Default Interest Is No Longer Valid

USA - February 14 2017 The Ninth Circuit recently ruled that a Chapter 11 debtor could not avoid the payment of default interest under a promissory note as a condition to…

Eric R. Goodman

Will Congress finally act? - The ABI Commission on business bankruptcy reform: Providing information and fairness to creditors

USA - June 30 2015 This is the fourth in a series of Alerts regarding the proposals made by the American Bankruptcy Institute Commission to Reform Chapter 11 Business…

Christopher J. Giaimo