Bankruptcy and Insolvency News and Analysis – Week Ending March 16, 2018

16 Mar Bankruptcy and Insolvency News and Analysis – Week Ending March 16, 2018

Trends and Legislative Developments

Bankruptcy Is Often Too Costly for Small Businesses, Senate Panel Hears (WSJ)

High Court Faced with the Issue of Marijuana Legalization in Bankruptcy

February Total Bankruptcy Filings Decrease 3 Percent from Previous Year, Chapter 11s Up Slightly

Case Commencement

The Consequences of a Relic’s Codification: The Dubious Case for Bad Faith Dismissals of Involuntary Bankruptcy Petitions

Reorganization

Buyout firms’ bankruptcy threats are losing their bite

Cross-Border

Third Circuit Dismisses Crystallex’s Fraudulent Transfer Claim But Potential Liability Remains for PDVSA

High Court approves cross-border protocol for Ezra Holdings’ bankruptcy proceedings in US and Singapore

Hong Kong Voluntary Liquidation: Recognition Granted In Landmark US Bankruptcy Court Ruling