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ARTICLE · 29 OCTOBER 2020

Business Restructuring Review | September–October 2020

Jones Day
Jones Day
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Jones Day

Jones Day

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Court rulings to date on the jurisdictional turf war between FERC and the bankruptcy courts have been a mixed bag.

GlobalInsolvency/Bankruptcy/Re-Structuring
Jones Day
Jones Day
Daniel Cody
Daniel Cody
Stacey L. Corr-Irvine
Stacey L. Corr-Irvine
Mark Douglas
Mark Douglas
Paul Green
Paul Green
David Harding
David Harding
Ben Larkin
Ben Larkin
Dan Moss
Dan Moss
Daniel Merrett
Daniel Merrett
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In This Issue:

FERC v. Bankruptcy Court Turf War Update

Court rulings to date on the jurisdictional turf war between FERC and the bankruptcy courts have been a mixed bag. FERC's position on the question has evolved-the commission's current view is that it and the bankruptcy courts have concurrent jurisdiction to determine whether FERC-regulated agreements can be rejected in bankruptcy. Here, we offer a brief discussion of what is likely to remain a disputed issue for some time, especially given the recent spike in oil and gas company bankruptcies. [read more .]

Claims Traders Alert: Another Bankruptcy Court Rules that a Traded Claim Can Be Disallowed if the Seller Received a Voidable Transfer

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