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Sixth circuit weighs FERC authority over rejection of power contracts in bankruptcy

USA - January 8 2020 On December 12, 2019, the US Court of Appeals for the Sixth Circuit issued a highly anticipated ruling in the FirstEnergy Solutions Corp. bankruptcy…

Edward P. Christian, Brian J. Plunkett, Jim L. Silliman

Southern District of Texas refuses to impose time limit on safe harbor termination rights

USA - March 1 2018 On February 16, 2018, the US District Court for the Southern District of Texas issued an opinion that may prove important for non-defaulting parties…

Third Circuit Clarifies Definition of “Received” in Context of Section 503(b)(9) Claims

USA - July 13 2017 The 2005 amendments to the Bankruptcy Code included the addition of an administrative expense claim for the value of goods received by the debtor in…

District Court Upholds Controversial Bankruptcy Decision in Sabine

USA - March 16 2017 On March 10, 2017, the U.S. District Court for the Southern District of New York issued a Memorandum Order, in which it affirmed a controversial…

Stephany Olsen LeGrand

Sabine Bankruptcy Court Allows Rejection of Gathering Agreements

USA - March 9 2016 In a March 8, 2016 ruling from the bench, the U.S. Bankruptcy Court for the Southern District of New York issued a significant decision regarding the…