Bankruptcy and Insolvency News and Analysis – Week Ending March 18, 2016

19 Mar Bankruptcy and Insolvency News and Analysis – Week Ending March 18, 2016

Claims

How Are Informal Proofs of Claim Like Informal Dress Codes? What You Can Get Away With May Depend on Whom You Ask

Five Things to Consider When Approached by a Bankruptcy Claims Trader

Get to the Head of the Class Promptly: Class Representatives Must be Diligent when Defendants File for Bankruptcy

Avoidance and Recovery

Lease Termination Before Bankruptcy May Be ‘Avoidable Transfer,’ 7th Circuit Rules

Cross-Border

Brexit – legal consequences for commercial parties: Implications for cross-border insolvencies and restructurings

Respected Conclave Proposes Important Revisions to Chapter 15 of the U.S. Bankruptcy Code