New York Southern District
‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake.
Withdrawing a proof of claim will not divest the bankruptcy court of jurisdiction to try an avoidance action without a jury, Judge Bernstein says.
Court supervision and participation by creditors aren’t required for recognition under chapter 15.
New York judge allows insolvent parents to pay for a minor child’s expensive education.
Judge Chapman delves into the murky realm of an individual’s ‘COMI’ and ‘establishment.’
Will the avoiding powers and the safe harbor both have extraterritorial effect? Stay tuned!
MPM Silicones makes law again, this time on subordination of junior secured lenders.
Judge Vyskocil denounces an involuntary petition as an attempt by senior, fully secured noteholders to profit at the expense of subordinate noteholders.
An Alabama statute designed to aid wrongful death claimants ends up hurting them in Chrysler’s bankruptcy.
Judge Glenn criticizes an 1890 English decision refusing to enforce a foreign discharge of debt.