Rochelle's Daily Wire

ABI Exclusive

February 20, 2019

Although the parties were sophisticated, New York judge finds that a liquidated damages clause was actually an unenforceable penalty.

February 13, 2019

A non-objecting creditor is bound by a third-party release even if the release may have been improper.
A non-objecting creditor is bound by a third-party release even if the release may have been improper.

February 12, 2019

The circuits agree, but the lower courts disagree, on the allowance of post-petition attorneys’ fees based on contract.
The circuits agree, but the lower courts disagree, on the allowance of post-petition attorneys’ fees based on contract.

February 5, 2019

A judicial lien impairing an exemption is avoidable in some states under Section 522(f), but not in others.
A judicial lien impairing an exemption is avoidable in some states under Section 522(f), but not in others.

February 1, 2019

First Circuit reverses, upholding the validity of bondholders’ security interests in $2.9 billion of collateral.
First Circuit reverses, upholding the validity of bondholders’ security interests in $2.9 billion of collateral.

January 31, 2019

‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake.