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If you’re in the business of what the original Statute of Elizabeth called "the avoiding of feigned, covinous and fraudulent feoffments," and if you’re in one of the 25 states currently utlizing the Uniform Fraudulent Transfer Act, ...

On April 5 and June 8, 2017, the U.S. House of Representatives passed bills (the Financial Institution Bankruptcy Act of 2017 and the Financial CHOICE Act of 2017) that would allow financial institutions...

On March 2, 2016, Sports Authority, Inc. ("Sports Authority") and six of its affiliates filed for Chapter 11 bankruptcy in Delaware.

On March 2, 2016, Sports Authority, Inc. ("Sports Authority") and six of its affiliates filed for Chapter 11 bankruptcy in Delaware.

In considering a Section 363 asset sale in "In re Fisker Automotive Holdings, Inc.", the United States Bankruptcy Court for the District of Delaware used its "for cause" power under Section 363(k) to limit the proposed purchaser’s credit bid and trigger a competitive cash auction for the debtor’s assets.

In a case of first impression before the 9th Circuit, on January 28, 2016, the Court held that the Absolute Priority Rule applies in all chapter 11 cases, even if the debtor is an individual.

The answers to these questions may depend on whether the insolvent LLC or LP is in bankruptcy.

Kane Russell Coleman Logan attorneys John Kane, Gordon Russell, Kyle Woodard and Kathleen Thompson authored an in-depth article titled Rejection: How Bankruptcy Courts' Treatment of Midstream...

Kathleen LaManna has been named as one of 500 Leading U.S. Bankruptcy & Restructuring Lawyers by Lawdragon. COVID-19 has put unbearable pressure on corporations during these unprecedented times

On June 25, 2020, the new UK Corporate Insolvency and Governance Act ("Act") became law after it was given Royal Assent by Queen Elizabeth II.

The Trustee overseeing the liquidation under the Securities Investor Protection Act ("SIPA") of Lehman Brothers Inc. ("Lehman") in the U.S. and the Joint Administrator of Lehman Brothers International (Europe) ("LB Europe") in the U.K. have reached an agreement in principle to resolve $38 billion in asserted claims among Lehman, LB Europe and subsidiaries and affiliates.

A significant portion of this post draws upon information in the first day declaration of Javier Gonzalez [D.I. 2] (the "Declaration").

Another energy company has succumbed to bankruptcy in the wake of the Covid-19 pandemic.

The debtor defaulted on a mortgage. The bankruptcy court confirmed a chapter 11 plan that allowed the debtor to cure the default by selling the property and using the sale proceeds to pay the loan off...

The UST objected to the applications because they include a provision indemnifying them for expenses incurred in any successful defense of their fees.

As discussed in an earlier post called "Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2022," various dollar amounts in the Bankruptcy Code...

Quoting Judge Shannon's opinion, Judge Carey similarly dismisses the Movants' arguments as to lack of standing.

Orrick Restructuring Senior Counsel Marc Levinson is one of the chapter 9 experts assisting in the preparation of a chapter 9 manual for bankruptcy judges and court clerks that has been posted on the website...