Bankruptcy and Insolvency News and Analysis – Week Ending February 12, 2016

13 Feb Bankruptcy and Insolvency News and Analysis – Week Ending February 12, 2016

Trends

Houlihan Lokey Sees ‘Growing Pockets of Distress’ in Debt Market

BAPCPA 10 Years Later: the Effectiveness and Necessity of Bankruptcy Reforms Remain In Question

Sales

Opportunities Exist for Purchasers in Chapter 11 Bankruptcies, but Risks Remain

Claims

In re Sentinel Management: Seventh Circuit Provides Guidance on Inquiry Notice and Equitable Subordination

Don’t Go Chasing (Debtor-Affiliate) Waterfalls: Second Circuit Applies 510(b) Subordination to Contribution Claims Arising from the Securities of an Affiliate of a Debtor

Confirmation

The Sixth Circuit’s Take on Artificial Impairment

Ninth Circuit Narrowly Construes “Insiders” and, in Controversial Decision, Declines to Reverse Bankruptcy Appellate Panel