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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