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182 results found

Article

Fox Rothschild LLP | USA | 7 Feb 2017

S.D.N.Y. bankruptcy court dismisses preference action involving international transfer

In the recent decision of Spizz v. Goldfarb Seligman & Co. (In re Ampal-American Israel Corp.), 2017 WL 75750 (Bankr. S.D.N.Y. Jan. 9, 2017), the

Article

Fox Rothschild LLP | USA | 31 Oct 2016

Interest payments do not qualify as protected settlement payments under Section 546(e)

In the decision of Motors Liquidation Co. Avoidance Action Trust v. JPMorgan Chase Bank, N.A. (In re Motors Liquidation Co.), 552 B.R. 253 (Bankr. S.D

Article

Fox Rothschild LLP | USA | 24 Oct 2016

Judge Carey holds that severance claim is a priority claim

In an 8 page decision dated October 19, 2016, Judge Carey of the Delaware Bankruptcy Court overruled an objection to the reclassification of the

Article

Fox Rothschild LLP | USA | 24 Oct 2016

Sanjel (USA) Inc. - Chapter 15 creditors may challenge reach of stay in recognition order

A recent decision by the United States Bankruptcy Court for the Western District of Texas in In re Sanjel (USA) Inc., et al., Case No. 16-50778-CAG

Article

Fox Rothschild LLP | USA | 17 Oct 2016

Lien stripping in bankruptcy

On October 11, 2016, Chief Judge Brendan L. Shannon of the Delaware Bankruptcy Court issued a letter ruling in which he opined on the appropriate

Article

Fox Rothschild LLP | USA | 11 Sep 2016

Preference complaints filed in Trump Entertainment Resorts bankruptcy

Introduction On September 6th and 7th, 2016, Nathan A. Schultz, as Distribution Trustee of the TER Trust (the “Trustee”) for the bankruptcy estate of

Article

Fox Rothschild LLP | USA | 5 Sep 2016

SDNY rules that distribution of liquidated swap agreement collateral is protected by the safe harbor in Bankruptcy Code Section 560

In the recent decision of Lehman Bros. Special Fin. Inc. v. Bank of Am. Nat’l Assoc. (In re Lehman Bros. Holdings Inc.), 2016 WL 3621180 (Bankr. S.D.N

Article

Fox Rothschild LLP | USA | 30 Aug 2016

Easement held to be an in rem property interest subject to section 363 sale

In the decision of In re Metroplex on the Atlantic, LLC, 545 B.R. 786 (Bankr. E.D.N.Y. 2016), the United States Bankruptcy Court for the Eastern

Article

Fox Rothschild LLP | USA | 8 Aug 2016

Bankruptcy court rejects bankruptcy claims against Maryland Department of Environment in comprehensive opinion

On August 4, 2016, the Delaware Bankruptcy Court considered cross-motions for summary judgment in a preference action case styled as Pirinate

Article

Fox Rothschild LLP | USA | 2 May 2016

BIND Therapeutics, Inc. Files for Chapter 11 Protection

On May 1, 2016, BIND Therapeutics, Inc., and affiliated companies (“Debtors” or “BIND”) voluntarily filed for bankruptcy protection under Chapter 11

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