BANKRUPTCY AND INSOLVENCY NEWS AND ANALYSIS – WEEK ENDING AUGUST 21, 2020

Trends and Legislative Developments

Experts see a flood of bankruptcy filings on the horizon

Bankruptcy filings down again in July 2020

Subchapter V: A Small Business Lifeline Just In Time

Texas Sees Surge in Large Bankruptcy Filings

Out-of-Court

Protecting Suppliers and Customers of Insolvent or Bankrupt Companies

Is Your Company Failing? You May Not Need Bankruptcy Law

Avoidance And Recovery

Bankruptcy Court Holds Committee of Unsecured Creditors Cannot Obtain Derivative Standing When Debtor Is a Delaware Limited Liability Company

Hidden Costs in Bargain Acquisitions of Businesses: Exposure to Fraudulent Transfer Claims

Reorganization

You Can Come In, But You Can’t Stay – Judge Grossman Dismisses Debtor’s Case for Re-designating Under the SBRA After Deadlines Have Passed. Seven Stars on the Hudson Corp., Case No. 19-17544-SMG, (Bankr. S.D. Fla. Aug. 7, 2020).

Claims, Classes, Voting, Confirmation and the Cross-Class Cram-Down

Another bankruptcy court joins majority camp on post-plan confirmation set-off

Ninth Circuit Opens the Door to Limited Nonconsensual Third Party Releases in Chapter 11 Plans

Cross-Border

THE FACILITATION OF CROSS BORDER RESTRUCTURINGS IN BERMUDA, THE BRITISH VIRGIN ISLANDS AND THE CAYMAN ISLANDS