An Adroitly Drafted Makewhole Is Allowable in Bankruptcy, New York Judge Says
Judge Bernstein distinguishes a Second Circuit opinion to rule that a makewhole premium is allowable in bankruptcy.
Problems Begin to Mount for Edward Lampert’s New Sears
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U.S. Coal Company Leaving Bankruptcy, Mines Go to Creditors
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Supreme Court Declines to Rule on Equitable Mootness
Sewer customers challenged the dismissal of their appeal from confirmation of the Jefferson County chapter 9 municipal debt restructuring.
Court:
Estimating the Value of Causes of Action for Purposes of Plan Releases in Chapter 11 Plan- Support Agreements
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PetroQuest Energy Emerges from Bankruptcy
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Fifth Circuit Hints that Debtors May Retain Property for Recreation and Entertainment
Per curiam opinion shows that chapter 13 plans aren’t required to be punitive.
Court:
An Objection to Third-Party Releases Must Be Raised in Bankruptcy Court
A non-objecting creditor is bound by a third-party release even if the release may have been improper.
Fifth Circuit Declines to Expand Equitable Mootness Beyond Plan Confirmation
An appeal from an integrated sale and settlement can be dismissed under Section 363(m), the Fifth Circuit says.
Court: