Bankruptcy and Insolvency News and Analysis – Week Ending June 24, 2016

24 Jun Bankruptcy and Insolvency News and Analysis – Week Ending June 24, 2016

Photograph of the black board in the New York Gold Room, September 24, 1869, showing the collapse of the price of gold.

Trends

Health Care Chapter 11 Filings Are Rising

Restructuring

Out-of-court restructuring alternatives

Adequate Protection

Courts Trending Toward Motion Date to Begin Adequate Protection Payments

Sales

Chapter 11 Bankruptcy Sale: So Who Needs a Plan of Reorganization Anyway?

Avoidance and Recovery

Making Sausage – – The Seventh Circuit Examines the “Ordinary Course” Preference Defense

Bankruptcy litigation

Claims

Do Bankruptcy Courts Have Jurisdiction Over Out-of-the-Money Claims Disputes?

Cross-Border

Recognition of Foreign Insolvency Proceedings under Chapter 15 of the Bankruptcy Code

‘WHAT A LEGEND’ – COURT REJECTS RECOGNITION OF FOREIGN PROCEEDING AND ORDERS WIND UP IN THE FACE OF CHAPTER 11 BANKRUPTCY