Mass Confusion: Win, Lose or Draw, What’s Next After the Supreme Court Rules? Part II
Big Stuff on Chapter 11 from the Second Circuit and Elsewhere
An Interview with Circuit Judge Thomas Ambro: How Article III Judges See Bankruptcy Law, Bankruptcy Judges and the Bankruptcy Code
Eleventh Circuit Invited to Sit En Banc on Eligibility for Chapter 15 Recognition
For the time being, the Eleventh Circuit has split with the Second Circuit on whether a chapter 15 debtor must have property in the U.S. to gain foreign recognition.
Court:
Benchnotes May 2024
Journal Issue:
A Foreign Branch of an FDIC-Insured U.S. Bank Is Ineligible for Chapter 15
A foreign branch of a U.S. bank isn’t a foreign bank eligible for chapter 15.
Lack of Financial Distress Doesn’t Divest a Court of Subject Matter Jurisdiction
Two North Carolina Courts have held within two months that the Bankruptcy Clause doesn’t demand ‘financial distress’ to establish subject matter jurisdiction.