Recent Insolvency and Bankruptcy Headlines – June 6, 2014

Recent Insolvency and Bankruptcy Headlines – June 6, 2014

Some of the week’s top bankruptcy and restructuring headlines:

English: Part of Title 11 of the United States...

English: Part of Title 11 of the United States Code (the Bankruptcy Code) on a shelf at a law library in San Francisco. (Photo credit: Wikipedia)




Business Bankruptcy Filings Off 21% Year-Over-Year


Less Than 1M Filings This Year?


– LBO Defaults Set to Reach A High This Year, Fitch Says


The Changing Nature of Chapter 11




Cross-Border Issues: Misconduct No Grounds for Termination of Chapter 15


– Liquidators urge speedy action on Hong Kong corporate rescue bill




DIP Dimensions: Energy Future Intermediate Holding Co. LLC”s Financing Fracas


Avoidance Actions


Avoidance Actions: Subsequent New Value Defense, Good Faith Defense, and Section 546(e) Safe-Harbor


Ponzi Schemes:  11th Circuit Opines on “Property of the Debtor”


– Thelen Ruling Highlights Evidentiary Issues in Fraudulent Transfer Case


Bankruptcy Sales


Limits On Credit Bidding and Section 363(k):  Another Court Follows Fisker


– Successful Bidder Must Pay Damages (In Addition to Forfeiting Deposit) After Backing Out of Sale – At Least in Certain Circumstances


– Upsetting a Bankruptcy Auction: Money Talks


Never Do This: A Lesson On What Not To Do In a Section 363 Auction




Plan Confirmation:  The Tax Man Cometh . . . And Getteth Impaired




Debt Recharacterization: In re Alternate Fuels: Tenth Circuit BAP Holds Recent Supreme Court Decisions Do Not Limit Power to Recharacterize Debt to Equity


– . . . And More Debt Recharacterization: In re Optim Energy: Court Denies Creditor Derivative Standing to Seek Recharacterization of Equity Sponsors’ Debt Claims




And Still More:


Related articles


Enhanced by Zemanta
No Comments

Post A Comment