Inside ABI Nov 2014
Journal Issue:
‘All Assets’ Combined with ‘Including’ Makes a UCC-1 Bulletproof, Circuit Says
Even if location is wrong, financing statement is sufficient by saying ‘all assets.’
Court:
Preference May Be Offset by an Unpaid Administrative Claim, Judge Carey Rules
Automatic disallowance under Section 502(d) held not applicable to administrative claims.
Court:
Preference Rules Are the Same When Two Bankruptcies Collide
The Dreier Ponzi scheme, like Madoff, makes law on claims of defrauded creditors.
Court:
Six Year Delay in Serving a Complaint Is Ok, GM’s Bankruptcy Judge Rules
GM case will decide applicability of ‘safe harbor’ to interest payments on debt securities.
Court: