Endo Creditor Group Considers Rival Chapter 11 Bid
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A ‘Notwithstanding’ Clause May Not Control a Specific Provision, District Judge Says
An appeal to the Third Circuit may tell us whether a ‘notwithstanding any other provision’ clause really means what it says.
Court:
Judge Approves Asurion's $110 Million Purchase of Enjoy Technology
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California Company Promised Drug-Coated Microneedle Patches. Now It Could Be Sold in Bankruptcy Court for Just $1 Million
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Armstrong World Must Allow Buyers of Armstrong Flooring to Use Brand Name, Judge Rules
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The Right to Credit Bid Does Not Preclude Charging a Buyer’s Premium at Auction
When a secured lender credit bids, a buyer’s premium can be a legitimate surcharge against the lender’s collateral, Judge Rodriguez says.
Assets Sold Free and Clear of a Multi-Employer Pension Plan’s Withdrawal Liability
The Seventh Circuit has yet to rule precisely on whether the bankruptcy court can sell assets free and clear of successor liability.
Actors, Politicians Fighting to Save Iconic NYC Theater Facing Bankruptcy Auction
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District Court Affirms: ‘13’ Debtors Lose Appreciation in a Home After Conversion to ‘7’
On an issue where the courts are split, a district judge in Washington State holds that the debtors lose the post-petition appreciation in the value of estate property when a chapter 13 case converts to chapter 7.