Bankruptcy and Insolvency News and Analysis – Week Ending May 27, 2016

30 May Bankruptcy and Insolvency News and Analysis – Week Ending May 27, 2016

Trends

Corporate Bankruptcy Panel—ABI Commission’s Report on the Reform of Chapter 11: Small and Medium Businesses, Sales of Assets, Financing, and Plans

Restructuring

When It’s Time to Hire a Chief Restructuring Officer

Estate Property

Assets Held by Charitable Organizations Are Safe From Claims of Creditors in Bankruptcy Cases . . . Or Are They?

Debtor’s Life Insurance Policy Belongs to Bankruptcy Estate

Secured Claims

Ninth Circuit Bankruptcy Appellate Panel Holds that an Oversecured Creditor Is Entitled to Default Interest After the Petition Date and Before Plan Confirmation

Discharge

Not So Fast – Supreme Court Holds Prepetition Fraudulent Transfer Precludes Post-Petition Discharge in Husky International

Cross-Border

Why Two Facets of Chapter 15 Rulings Hinder Cross-Border Insolvency Petitions in the United States