March 4, 2019
Non-debtor, third-party release enforced along with granting international comity.
Non-debtor, third-party release enforced along with granting international comity.
February 21, 2019
Equity didn’t favor chopping down the default rate when the debtor emerged from bankruptcy with substantial equity and all creditors were paid in full.
Equity didn’t favor chopping down the default rate when the debtor emerged from bankruptcy with substantial equity and all creditors were paid in full.
February 20, 2019
Although the parties were sophisticated, New York judge finds that a liquidated damages clause was actually an unenforceable penalty.
Although the parties were sophisticated, New York judge finds that a liquidated damages clause was actually an unenforceable penalty.
January 31, 2019
‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake.
‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake.
January 24, 2019
Withdrawing a proof of claim will not divest the bankruptcy court of jurisdiction to try an avoidance action without a jury, Judge Bernstein says.
Withdrawing a proof of claim will not divest the bankruptcy court of jurisdiction to try an avoidance action without a jury, Judge Bernstein says.