Karen B. Dine

Karen B. Dine

Katten Muchin Rosenman LLP

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District Court Denies Distressed Funds the Right to Vote on Bankruptcy Plan

The US District Court for the Western District of Washington (the "District Court") recently affirmed a bankruptcy court decision that prohibited a transferee of a secured lender's interest in a loan from voting on a debtor's...more

5/6/2014 - Assignees Commercial Bankruptcy Debt Loan Agreements Secured Lenders

Municipal Bankruptcies: An Overview and Recent History of Chapter 9 of the Bankruptcy Code

The City of Detroit filed for protection under chapter 9 of the Bankruptcy Code on July 18, 2013,[1] becoming the largest municipality to ever file for bankruptcy. Detroit’s bankruptcy filing presents numerous complicated...more

7/24/2013 - Chapter 9 Detroit Municipal Bankruptcy Municipal Bonds Municipalities Rehabilitation and Restoration Plans

Promises to Keep—Lender Beware: California Supreme Court Expands Parol Evidence Fraud Exception

In 1935, the California Supreme Court in Bank of America National Trust and Savings Ass’n v. Pendergrass prohibited a borrower from introducing external or parol evidence to demonstrate fraud in connection with an agreement...more

2/21/2013 - Bank of America v Pendergrass Borrowers Default Fraud Fraud Exception Lenders Loans Negligent Misrepresentation Parol Evidence Rescission Restructuring Riverisland

Ninth Circuit Prohibits Bankruptcy Courts from Entering Judgments on Fraudulent Conveyance Claims Against Non-Claimants

The Ninth Circuit recently held that: bankruptcy courts lack the constitutional authority to enter a final judgment on all fraudulent transfer claims against non-claimants, whether brought under state or federal law, and a...more

12/13/2012 - Constitutional Amendment Fraudulent Conveyance Jurisdiction Split of Authority Waivers

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