[1]International companies are increasingly using chapter 15 of the U.S. Bankruptcy Code to implement cross-border restructurings.
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On June 12, 2017, the American Bar Association’s Section of Dispute Resolution published its “Report of the Task Force on Research on Mediator Techniques.” Notably, this report makes no reference to any research on bankruptcy mediation — not even a single study.
The Electronic Discovery (ESI) in Bankruptcy Cases Subcommittee of the ABA Business Law Section, Bankruptcy Court Structure and Insolvency Process Committee, chaired by the author, drafted a proposed amendment to add the concept of proportionality to Bankruptcy Rule 2004(c).
“Lending to the most highly indebted companies in the U.S. and Europe is surging.”— Wall Street Journal[i]
The issue of nonconsensual third-party releases in chapter 11 plans continues to generate litigation. Releases and corresponding injunctions frequently insulate nondebtors — such as directors, officers or parent entities — from claims asserted by other nondebtors. Litigation regarding third-party releases has also involved jurisdictional issues, including those addressed in Stern v.
Bankruptcy courts “generally presume that good chapter 11 lawyers can and should negotiate without the help of an outside mediator.” However, some Chapter 11 cases are “so inherently complex” or “riddled” with “high levels of distrust” that “the presiding judge (or more rarely, the parties) views the appointment of a plan mediator as a virtual necessity from the
On Sept.
Creditors contemplating an objection to discharge proceeding pursuant to Bankruptcy Code § 523(a)(2)(A)’s fraud provision often think that a judgment in a prior state court action will automatically entitle them to judgment in bankruptcy court. Prior to reaching such conclusions, however, creditors should be mindful of several potential pitfalls.
Of all the topics that is sure to incite impassioned disagreement in our current age of partisan disunity, the issue of guns must be near to the top of the list. While some see guns as a uniquely American scourge leaving untold tragedy and carnage in their wake, others view the right to keep and bear arms as the foundation of liberty and the only insurance against tyrannical government.