Bankruptcy and Insolvency News and Analysis – Week Ending October 23, 2015

23 Oct Bankruptcy and Insolvency News and Analysis – Week Ending October 23, 2015

Trends

The LSTA Publishes Detailed Response to the ABI Commission’s Proposed Bankruptcy Reforms

Secured Claims

California Court Holds Implied Consent Is a Valid Alternative Basis to Surcharge Secured Creditors’ Collateral

Executory Contracts

Bankruptcy Court Makes ‘Executive’ Decision, Rules Master Service Agreement Ineligible for Rejection

Sales

Das Moot – Debtors’ Argument that 363(m) Moots Creditors’ Appeal of Sale Order Gets Sunk by Third Circuit

Avoidance and Recovery

In re PSN USA, Inc: Eleventh Circuit Holds Indirect Benefits May Constitute Reasonably Equivalent Value Under Section 548

Cross-Border

Chapter 15 Provides Restructuring Avenue for Brazilian Companies

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