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Cozen O'Connor | USA | 10 May 2023

SCOTUS Goes to Mall of America: Court Recognizes Jurisdiction Over Appeals of Bankruptcy Sale Orders

In August 1992, the largest indoor shopping mall in the continental United States opened to great fanfare in suburban Minneapolis, Minnesota. Dubbed…
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Levenfeld Pearlstein LLC | USA | 9 May 2023

Decision regarding Sears’ Retail Space in Mall of America Bankruptcy: Section 363(m) Is Not a Jurisdictional Statute

Section 363(m) of the Bankruptcy Code is one of the most important and well-known statutes to bankruptcy practitioners. This section of the…
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bureau Brandeis | European Union, Netherlands | 1 May 2023

Moeder en zoon persoonlijk aansprakelijk voor boedeltekort failliet beleggingsfonds na misleiding van beleggers

De rechtbank Noord-Holland heeft recent beslist dat een moeder en zoon aansprakelijk zijn voor het boedeltekort van een failliet beleggingsfonds omdat…
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Berger Singerman LLP | USA | 25 Apr 2023

Client Alert - U.S. Supreme Court Unanimously Determines that Statute Governing Bankruptcy Sale Appeals is Not Jurisdictional

On April 19, 2023, the United States Supreme Court issued its decision in MOAC Mall Holdings LLC v. Transform Holdco LLC, in which the Court…
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Bennett Jones LLP | Canada | 24 Apr 2023

New Pension Priorities in Bankruptcy and Insolvency Are Closer to Reality

Federal Bill C-228 (the Bill), new legislation intended to improve the protection of, and to extend the super-priority given to claims relating to…
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Cadwalader Wickersham & Taft LLP | USA | 20 Apr 2023

United States Supreme Court Holds that Bankruptcy Code Section 363(m) Does Not Preclude Appellate Jurisdiction on Asset Sale Orders

In a ruling issued just yesterday, MOAC Mall Holdings LLC v. Transform Holdco LLC et al., 598 U.S. ----, 2023 WL 2992693 (2023) (“MOAC”), the United…
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Reed Smith LLP | USA | 20 Apr 2023

A Split Resolved: The Supreme Court Holds Section 363(m) To Be Non-Jurisdictional - and Maybe Casts a Shadow on the Doctrine of Equitable Mootness

On April 19, 2023, the Supreme Court, in a unanimous opinion written by Justice Ketanji Brown Jackson in MOAC Mall Holdings LLC, ruled Bankruptcy…
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Gün + Partners | Turkey | 16 Apr 2023

İcra ve İflas Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun

Kamuoyunda 7. Yargı Paketi olarak anılan 7445 sayılı İcra ve İflas Kanunu Ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun (“Kanun”), 5 Nisan…
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Gün + Partners | Turkey | 16 Apr 2023

Amendments to the Execution and Bankruptcy Law and Certain Laws

The Law Amending the Enforcement and Bankruptcy Law and Certain Laws ("Amendment Law"), known as the 7th Judicial Package, was published in the…
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Schulte Roth & Zabel LLP | USA | 12 Apr 2023

Innocent Business Partner’s Fraud Liability Survives Bankruptcy

Sometimes a debtor is liable for fraud that she did not personally commit,” held the U.S. Supreme Court on Feb. 22, 2023, when the debtor’s business…
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