“Bankruptcy Boundary Games”
One of the little-emphasized features of the 2005 Bankruptcy Code is a series of amendments designed to...
24 August, 2009
/ 0 Comments
Blog
- All
- Assignment
- Bankrupcy
- Bankruptcy
- Cases of Interest
- Cash Shortage
- Chapter 15 Round-Up
- Initial Risk Factors
- Insolvency
- Liquidation
- Out-of-Court Transactions
- Receivership
- Reorganization
- Sale / Spin-Off
- Stanford Saga
- Uncategorized
Is The Shortest Way Up . . . Straight Down?
"There's a cement slab on Ridge Lane, topped with a few pipes, an electrical box...
16 August, 2009
/ 0 Comments
The Stanford Saga – Chapter 7: Sir Allen Weighs In . . . Sort Of
Since mid-July, Antiguan liquidators Peter Wastell and Nigel Hamilton-Smith and federal receiver Ralph Janvey have...
10 August, 2009
/ 0 Comments
The Survey Says: Four Out of Five Companies Can’t Forecast Mid-Term Cash Flow
On Tuesday, Industry Week reported results of a recent study by Miami-based Hackett Group, Inc....
02 August, 2009
/ 0 Comments
NYT Echoes European Predictions: A Rising Wave of Bankruptcies
July 15's "Deal Book" (hosted by the New York Times) offered a fresh prediction by...
27 July, 2009
/ 0 Comments
Distressed M&A: The Party Rolls On
A couple of earlier posts on this blog (here and here) have periodically discussed the state...
18 July, 2009
/ 0 Comments
The Stanford Saga – Chapter 6: Mr. Justice Lewison Steals the Show
A flurry of pleadings this week precede Judge David Godbey's anticipated ruling on Peter Wastell's...
12 July, 2009
/ 0 Comments
Chapter 15 Round-Up: May and June 2009
2009 is shaping up to be an extraordinary year for business bankruptcy. Headlines and hoopla aside,...
03 July, 2009
/ 0 Comments
The Stanford Saga – Chapter 5: The Liquidators Strike Back
Nearly two weeks ago, this blog highlighted further scuffling in the ongoing contest for administrative...
27 June, 2009
/ 0 Comments
2009: Year of the Mega-Case?
Last Monday's "Credit Slips" blog features a brief piece by Seton Hall's Steve Lubben, who...
22 June, 2009
/ 0 Comments
The Stanford Saga – Chapter 4: Where Is a Ponzi Scheme “Headquartered,” Anyway?
This blog has intermittently followed the Texas-sized contest for control over now-defunct financial and investment...
16 June, 2009
/ 0 Comments
California’s Ongoing Efforts to Limit Municipal Bankruptcies
Since late January, California's state assembly has considered legislation designed to impose additional hurdles on cities,...
09 June, 2009
/ 0 Comments
Chrysler and Successor Liability
Readers of this blog will be familiar with Seton Hall Professor Stephen Lubben's prior work...
01 June, 2009
/ 0 Comments
The Stanford Saga – Chapter 3: Antiguans 1, Receiver 0
Last week's blog post (here) covered early skirmishing between SEC receiver Ralph Janvey and Antiguan liqudators Nigel...
25 May, 2009
/ 0 Comments
The Stanford Saga – Chapter 2: Too Many Cooks In the Kitchen?
A prior post on this blog mapped out the field of combat in the brewing battle between...
16 May, 2009
/ 0 Comments
Chapter 15 Round-Up: February – April 2009
The first four months of 2009 have been busy ones for Chapter 15 filings. Though...
10 May, 2009
/ 0 Comments
Credit Default Swaps: The New “Bankruptcy Trigger”?
An earlier post on this blog covered the potential impact of credit default swaps (CDS's)...
04 May, 2009
/ 0 Comments
All Right . . . Who’s In Charge Here?!!
When a foreign representative meets a federal receiver, who's ultimately in charge? And in charge...
27 April, 2009
/ 0 Comments
Avoidance Actions and Chapter 15 – The Little Things Can Make The Difference
Chapter 15 of the U.S. Bankruptcy Code is designed to assist foreign representatives appointed in...
20 April, 2009
/ 0 Comments
Distressed M&A: Two Perspectives, One Conculsion
A recent MONDAQ article by Bryan S. Gadol and Wendy R. Kottmeier of Dorsey & Whitney's...
12 April, 2009
/ 0 Comments
Credit Default Swaps and Bankruptcy
In a series of papers - the most recent a chapter in Greg N. Gregoriou's...
05 April, 2009
/ 0 Comments
An Out-of-Court “Winding Up” Entitled to Recognition Under Chapter 15? You Bet!
Chapter 15 of the Bankruptcy Code - the Code's "cross-border" provision - was enacted in 2005...
23 March, 2009
/ 0 Comments
“Seller-in-Possession” Financing?
By now, it's no secret that DIP financing - once a mainstay of Chapter 11...
15 March, 2009
/ 0 Comments
The Year in Bankruptcy: 2008
For bankruptcy and insolvency specialists, 2008 was the year that was. In a 3-part article appearing...
07 March, 2009
/ 0 Comments
Irony Doesn’t Pay
Litigation has always been an important tool for unsecured creditors looking to augment their returns...
01 March, 2009
/ 0 Comments
Chapter 15 Recognition for Insolvencies North and South of the Border
An update on recent recognition requests from North and South America: - Railpower Technologies Corp. - The...
22 February, 2009
/ 0 Comments
DIPzilla
An earlier post here noted the changes in DIP lending occuring in this credit market, and...
15 February, 2009
/ 0 Comments
When is an “Outsider” Really an “Insider?” And When Does It Matter?
Conventional wisdom has it that Chapter 11 cases in this economic downturn will be far...
06 February, 2009
/ 0 Comments
Will California Municipalities Have to Obtain State Clearance Before Filing Chapter 9?
One of the most deeply rooted concepts in American bankruptcy jurisprudence is the idea that,...
30 January, 2009
/ 0 Comments
Hong Kong Government Mulls Changes to Region’s Insolvency Law
Last week's post (below) covered a recent Chapter 15 petition commenced by Armada (Singapore) Pte....
24 January, 2009
/ 0 Comments
Armada (Singapore) Pte. Ltd. Seeks Chapter 15 Recognition
Citing a collapse of the global dry bulk markets as the precursor of an anticipated...
16 January, 2009
/ 0 Comments
Mexican Insolvency and Restructuring Law – Landmark Articles
With the New Year, International Corporate Rescue has published a new Special Issue: "Mexican Insolvency...
09 January, 2009
/ 0 Comments
When is a “trade creditor” a “trade creditor?” And when is it something else?
Restructuring Concepts, LLC's Randall Reese flagged a recent Delaware bankruptcy decision that addressed this issue...
26 December, 2008
/ 0 Comments
Supremes to Hear Case on Viability of Johns-Manville Channeling Injunction
Hat Tip to M. Jonathan Hayes at Bankruptcy Prof Blog for posting this “heads up”...
19 December, 2008
/ 0 Comments
Post-Petition Financing – Keepin’ the Deal Under Seal
It is no secret to Chapter 11 practitioners that this bankruptcy cycle differs from the...
19 December, 2008
/ 0 Comments
. . . and Durango Gains Recognition
Corporation Durango S.A.B. de C.V. gained recognition for its Mexican concurso proceeding in a ruling...
12 December, 2008
/ 0 Comments
Landsbanki Joins Glitnir, Kaupthing in Chapter 15 . . .
On Tuesday (9 December) Iceland's Landsbanki hf joined that country's two other major banks -...
12 December, 2008
/ 0 Comments
In re KAUPTHING BANK hf. – Provisional Relief Granted
A New York Bankruptcy Judge on Monday granted provisional relief to the administrator of Iceland's...
04 December, 2008
/ 0 Comments
US-Mexico Bar Association 2008 Conference – Mexico City
I've recently returned from a conference sponsored by the US-Mexico Bar Association. The conference, convened...
19 November, 2008
/ 0 Comments