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.
Chief District Judge in New York rules that ‘core’ jurisdiction includes non-consensual, third-party releases in confirmation orders.
Section 562 applies to fix the date for calculating damages only if the debtor rejects or the creditor terminates, New York district judge says.
A bankruptcy judge’s finding regarding status as a good faith purchaser is not the final word on appeal.
Judge Glenn in Manhattan straightens up some of the mess created when GM didn’t disclose ignition switch defects before confirmation.