Bankruptcy and Insolvency News and Analysis – Week Ending May 13, 2016

13 May Bankruptcy and Insolvency News and Analysis – Week Ending May 13, 2016

Trends

The “credit cycle” begins to unravel.

Litigation and ADR

6 Reasons Why Bankruptcy Mediation is a Process, Not a One-and-Done Session: PART THREE — DISCOVERY VACUUM

Corporate Governance

Bankruptcy Court Opinion Clarifies California Law on Duties of Directors & Officers Upon Insolvency

Avoidance and Recovery

Making Fraudulent Transfer Law More Predictable

Golf Channel Finds the Fairway in Fraudulent Transfer Litigation – Good News for Vendors in Ponzi Scheme Cases

Now You See It, Now You Don’t – The Search for “Unreasonably Small Capital”

Valuation

Valuation Outside the Box: Southern District of Texas Affirms the Bankruptcy Court’s Discretion to Select Appropriate Valuation Methodologies

Executory Agreements

Chapter 11 Debtors Exempt From Their Obligations Under An Expired Collective Bargaining Agreement