We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.


Clear all

Refine your search

Content type

7 results found


Jones Day | USA | 13 Apr 2017

Marblegate: Second Circuit Reverses Broad Interpretation of Trust Indenture Act in Out-of-Court Restructurings

In a highly anticipated decision, a divided panel of the U.S. Court of Appeals for the Second Circuit ruled in Marblegate Asset Mgmt., LLC v. Educ


Jones Day | USA | 31 Jan 2014

No surcharge for you: Third Circuit rules that section 506(c) surcharge is "sharply limited"

The ability to "surcharge" a secured creditor's collateral in bankruptcy is an important resource available to a bankruptcy trustee or chapter 11


Jones Day | USA | 30 Sep 2013

Secured creditor may choose to take no action during Chapter 11 case without hazarding lien stripping

A long-standing legal principle is that liens pass through bankruptcy unaffected. Like every general rule, however, this tenet has exceptions. One of


Jones Day | USA | 1 Dec 2012

Stockton, California, ruling: bankruptcy court powerless to prevent retiree benefit reductions by municipal debtor

Amid the economic hardships brought upon us by the Great Recession, the plight of cities, towns, and other municipalities across the U.S. has received a significant amount of media exposure.


Jones Day | USA | 20 Apr 2009

Less stringent standard applies to rejection of collective bargaining agreements by municipalities in bankruptcy

The devastating consequences of an enduring global recession for businesses and individuals alike have been writ large in headlines worldwide, as governments around the globe scramble to implement assistance programs designed to jumpstart stalled economies.

Previous page 1 Next page