Bankruptcy & Restructuring Mid Year Review - July 2011


In this issue: Editors' Introduction; Top 10; Recognition; In the Community; and Bankruptcy & Restructuring Team.

2011 has ushered in a whirlwind of insolvency-related developments, prompting a host of new concerns by bankruptcy courts, practitioners, and a number of other parties affected by the bankruptcy process. These parties are wide-ranging, including secured lenders, debt traders, acquirors of distressed assets and businesses, and even potential targets of litigation by trustees or debtors.

On the regulatory side, 2011 has also marked the robust infancy of the Dodd-Frank Act, a mammoth piece of legislation affecting an array of systemically important financial institutions (SIFIs), both domestic and foreign. SIFIs will soon be providing bank regulators with comprehensive contingency plans detailing their survival strategy in the event of material distress. Interestingly, the working model for these plans, or “living wills,” is none other than the U.S. Bankruptcy Code.

Please see full publication below for more information.

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Published In: Administrative Agency Updates, Bankruptcy Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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