Reasonableness of breakup fee is measured by the total contract price, not the amount retained by the debtor.
Fifth Circuit permits bar orders in receiverships while blocking nonconsensual, third-party releases in chapter 11 plans.
The Pacor test for ‘related to’ jurisdiction isn’t so broad when it comes to indemnification agreements.
Long Island’s Judge Grossman follows the Third Circuit by finding limitations on the Rooker-Feldman doctrine.
The Third Circuit’s new opinion on ‘finality’ will be cast in doubt depending on how the Supreme Court rules in Ritzen.
Arizona Supreme Court allows LLCs to sue managers and members for violation of fiduciary duties.