Bankruptcy And Insolvency News And Analysis – Week Ending December 06, 2019

09 Dec Bankruptcy And Insolvency News And Analysis – Week Ending December 06, 2019

Trends And Legislative Developments

Justices Question Judges’ Rule in Tax Refund Fight (Corrected)

Year-over-year, chapter 11 filings across all sectors and bankruptcy court districts are up 23.5% from 2018

November Commercial Chapter 11 Filings Decrease 32 Percent from Previous Year, Total Filings Decrease 5 Percent

December 1, 2019 changes to Federal Bankruptcy Rules

U.S. Trustee Program Issues Principles to Guide Its Enforcement of the Duty of Professional to Disclose Connections to a Bankruptcy Case

Secured Claims

Seventh Circuit Guidance on Collateral Description in Financing Statements

Avoidance And Recovery

First Circuit Holds that Parents’ Tuition Payments for Adult Children Are Fraudulent Transfers

How 9th Circ. Views The ‘Substantive Consolidation’ Debate

Sales

Sale Orders: What Constitutes a Collateral Attack?

Cross-Border

Recent Developments in Cross-Border Insolvency and Recognition of Foreign Bankruptcy Proceedings in the US Bankruptcy Courts

Recent Changes to the Bankruptcy and Insolvency Act and Companies’ Creditors Arrangement Act: Effective November 1, 2019