Rochelle's Daily Wire

Fancy drafting by ‘brilliant financiers and lawyers,’ the judge said, didn’t validate an uptier transaction when the ‘effect’ was to release collateral without a two-thirds vote.

A district court in New Jersey says that a discretionary fee award is neither a bonus nor an enhancement.

Fifth Circuit didn’t permit plan proponents to structure a chapter 11 plan so that an appeal would be equitably moot.

The Fifth Circuit declines to adopt a securities industry guidebook for what’s a permissible financing.

Judge Dale Somers adopted a ‘liberal’ construction of Section 1107(b) to retain a professional person who had been an officer of the debtor.

The RICO suit by Jay Alix Against McKinsey mostly survived a motion to dismiss.

The length and the effects of the pandemic were capable of being ‘anticipated’ and therefore provide no reason for modifying a fixed fee under Section 328(a).

The Third Circuit opinion by Thomas Ambro explained that the ‘close nexus’ test does not apply when a post-conformation dispute is ‘core’ or entails enforcing a court order.

Circuit refuses to make an exception for trustees regarding the judge-made doctrine of in pari delicto.

The U.S. Trustee is not the better or the only party to uphold the integrity of the bankruptcy court, the Second Circuit holds.