Bankruptcy and Insolvency News and Analysis – Week Ending December 9, 2016

11 Dec Bankruptcy and Insolvency News and Analysis – Week Ending December 9, 2016

Trends

November Commercial Bankruptcy Filings Up 26 Percent over Previous Year, Total Filings Down 10 Percent

Commercial Bankruptcy Filings Continue Consecutive Increase

The top 15 filing districts for chapter 11 cases reporting over $10 million in liabilities for 2016 year-to-date

Avoidance and Recovery

New Mexico Judge Avoids the Jevic Controversy Regarding Settlement by Requiring Payment on Priority Claims

Judge Reverses Self, Allows Alter Ego to Be Pursued in Bankruptcy

Structured Dismissal

Supreme Court Seems Primed to Reverse Jevic, Precluding Structured Settlements

Synopsis of Oral Argument in Jevic

Transcript of oral arguments in Jevic

Cross-Border

Modification of Chapter 15 Recognition Order Warranted to Avoid Prejudice to U.S. Creditors

Abengoa’s U.S. unit, holdout creditor spar over bankruptcy plan

Five Things You Should Know for 2017 About Cross-Border IP Licensing and Insolvency Law