Rochelle's Daily Wire

ABI Exclusive

April 18, 2018

Holders of nondischargeable claims can be forced to accept pro rata payments during the life of the plan and collect the remainder only after discharge or dismissal, the BAP rules.
Holders of nondischargeable claims can be forced to accept pro rata payments during the life of the plan and collect the remainder only after discharge or dismissal, the BAP rules.

April 16, 2018

Circuits are split on requiring use of leased equipment before allowing an administrative claim.
Circuits are split on requiring use of leased equipment before allowing an administrative claim.

April 13, 2018

A post-petition transfer occurs when an ordinary check is honored, not when it is delivered.
A post-petition transfer occurs when an ordinary check is honored, not when it is delivered.

April 12, 2018

Following a suggestion made by two Supreme Court justices, Tribune creditors ask the Second Circuit to recall the mandate and remand for reconsideration in district court.
Following a suggestion made by two Supreme Court justices, Tribune creditors ask the Second Circuit to recall the mandate and remand for reconsideration in district court.

April 11, 2018

Principles of comity justify enforcing a U.K. scheme of arrangement that releases non-filed affiliates’ guarantees.
Principles of comity justify enforcing a U.K. scheme of arrangement that releases non-filed affiliates’ guarantees.