Trustees and their counsel can breathe easier in the Fifth Circuit.
Bankruptcy Litigation Committee
Committees
A Delaware Bankruptcy Court has held that litigants pursuing post-confirmation state law fraud claims against the trustees of a mass-tort litigation trust must first seek leave from the bankruptcy court that established the trust. In Smith v.
Over the past few years, U.S. regulatory agencies have significantly increased their exertion of authority to regulate virtual currencies as well as their enforcement efforts over cryptocurrency transactions. This is not surprising given the potential for and actual abuse of the cryptocurrency markets, as well as the volatility of such markets.
Bitcoin’s rise in popularity has disrupted many areas of commercial law.
In the past several weeks, we have seen an uptick in crypto-related insolvencies; most recently Giga Watt, a Bitcoin-mining firm, filed for chapter 11 relief in the Eastern District of Washington. Often, the questions arising out of a crypto-related bankruptcy revolve around the value of Bitcoin or other cryptocurrency.
Value is everything in bankruptcy: finding (or creating) it, preserving it, maximizing it, and ultimately allocating it in accordance with statutory priorities among many (and often competing) constituencies.
The “bitcoin.org” domain name was registered on Aug. 18, 2008.[1] Two months later, on Oct.
On April 9, 2018, Hon. Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York approved third-party releases of nondebtor affiliate guarantors in a chapter 15 proceeding, even though not all of the parties bound by the releases had voted in favor of the releases.[1]
Tue, 2017-05-30
The Unsecured Trade Creditors Committee's May Tips of the Trade call featured Neil Steinkamp of Stout Risius Ross, LLC, who discussed the ordinary course of business defense in the context of preference analysis.
Tue, 2017-05-30
This May edition of the ABI Bankruptcy Litigation Committee Newsletter focused on bankruptcy litigation issues in energy sector restructurings. The newsletter featured an article exploring assumption and rejection of oil and gas conveyances, and an article discussing CERCLA liabilities in energy-related cases. Following publication of this newsletter, both authors hosted a call to discuss the issues explored in their articles. Click here to review the articles.
Wed, 2017-02-08
The Bankruptcy Litigation Committee recently hosted a conference call discussing the latest articles in their newsletter (which primarily focus on electronic discovery issues). Authors of the Newsletter articles were available to discuss their articles and a wide range of topics, including the increasing role of metadata in bankruptcy and e-discovery obligations that may arise in connection with asset purchases.
Thu, 2016-07-28
Authors of the Bankruptcy Litigation Committee's most recent newsletter hosted a call to discuss their topic, mediation of bankruptcy disputes.
Mon, 2016-05-16
During this informative call, the Newsletter Editors for the Mediation and Bankruptcy Litigation committees briefly disucssed the results of their joint survey concerning views about mediation. Ed Dobbs then lead a substansive discussion on mediation ethics. Click here to view the results of the survey and the outline provided by Mr. Dobbs that were published in a recent newsletter.
Fri, 2016-04-15
War and Peace: Recent Trends and Developments in Bankruptcy Litigation and Mediation
Wed, 2016-02-10
The most recent committee call explored decisions that have clarified case law on recharacterization, including analyzing the Tenth Circuit’s Alternate Fuels decision and other rulings. Additionally, speakers discussed how practitioners can effectively use section 510(b) of the Bankruptcy Code, and how courts have reviewed contemporaneous business records to evaluate the parties’ intentions at the time of the transaction. Speakers from this call included authors of the most recent committee newsletter articles.
Wed, 2015-10-07
The ABI Bankruptcy Litigation Committee recently published a newsletter with articles focusing on IP matters in bankruptcy litigation. Following publication of the newsletter, authors invited members to dial in for further discussion of the topic and articles.
Wed, 2015-07-01
The ABI Commission Report proposes some significant changes to the Bankruptcy Code, and the preferential transfer statute in Section 547 is no exception.This webinar explores the rationale behind the recommendations, such as the good faith belief for filing a demand letter or preference complaint, the increase in the statutory minimum to bring a preference action, and more.
Fri, 2015-04-17
Trustee Selection in Commercial Bankruptcy Cases: Who Wins the Battle to Control the Estate?
Mr. Jeremy R. Fischer
Co-Chair
Drummond Woodsum
Portland, ME
(207) 772-1941
Co-Chair
Drummond Woodsum
Portland, ME
(207) 772-1941
Mr. Steven S. Flores
Co-Chair
Rhode Island Legal Services, Inc.
Providence, RI
(401) 274-2652 ext. 182
Co-Chair
Rhode Island Legal Services, Inc.
Providence, RI
(401) 274-2652 ext. 182
Ms. Isley Markman Gostin
Communications Manager
WilmerHale
Washington, DC
(202) 663-6551
Communications Manager
WilmerHale
Washington, DC
(202) 663-6551
Mr. Peter J. Keane
Education Director
Pachulski Stang Ziehl & Jones LLP
Wilmington, DE
(302) 778-6462
Education Director
Pachulski Stang Ziehl & Jones LLP
Wilmington, DE
(302) 778-6462
Ms. Kesha Tanabe
Membership Relations Director
Tanabe Law
Minneapolis, MN
(612) 735-0188
Membership Relations Director
Tanabe Law
Minneapolis, MN
(612) 735-0188
Mr. Joseph C. Barsalona, II
Newsletter Editor
Morris, Nichols, Arsht & Tunnell LLP
Wilmington, DE
(302) 351-9118
Newsletter Editor
Morris, Nichols, Arsht & Tunnell LLP
Wilmington, DE
(302) 351-9118
Ms. Amanda Demby
Special Projects Leader
Province, Inc.
Henderson, NV
(310) 974-6352
Special Projects Leader
Province, Inc.
Henderson, NV
(310) 974-6352
Mr. James S. Green, Jr.
Special Projects Leader
Landis Rath & Cobb LLP
Wilmington, DE
(302) 467-4426
Special Projects Leader
Landis Rath & Cobb LLP
Wilmington, DE
(302) 467-4426