BANKRUPTCY AND INSOLVENCY NEWS AND ANALYSIS – WEEK ENDING MAY 29, 2021

30 May BANKRUPTCY AND INSOLVENCY NEWS AND ANALYSIS – WEEK ENDING MAY 29, 2021

Trends and Legislative Developments

Overheard in Bankruptcy

Out-of-Court

Settling With a Party That May File for Bankruptcy: Avoiding Pitfalls That Unwind Your Hard Work

Case Commencement

Struggling Hotels Can Provide Turn-Down Service, Can’t Be Turned Down for Subchapter V Bankruptcy

Judge Shopping in Bankruptcy

Executory Contracts

Third Circuit Holds Film Production Contract Was Not Executory in Bankruptcy Case

Sales

Is Greater Than Really Equal To? Sales of Over-Encumbered Property under Section 363(f)(3)

Reorganization

United States Trustee Challenges Exculpation Provisions in Chapter 11 Plans

Cross-Border

UPDATE: Fairfield Sentry Revisited: Beyond the rhetoric of approach, US safe harbor provisions continue to apply to analogous foreign avoidance claims

Value Tracing and Priority in Cross-Border Group Bankruptcies: Solving the Nortel Problem from the Bottom Up

UPDATE: Fairfield Sentry Revisited: Beyond the rhetoric of approach, US safe harbor provisions continue to apply to analogous foreign avoidance claims