Bilzin Sumberg - Finance & Restructuring

1450 Brickell Avenue 23rd Floor
Miami, FL 33131-3456, United States

  • 305.374.7580
  • 305.374.7593

Bankruptcy Auctions 101

A recent bankruptcy auction of a Texas power plant by Optim Energy LLC provided an important lesson for potential bidders at bankruptcy auctions and their representatives on the importance of developing a clear bidding strategy…more
| Bankruptcy, Commercial Law & Contracts, Energy & Utilities, Finance & Banking

Valuing a Secured Creditors Collateral: A Time Frame

Section 506(a)(1) of the Bankruptcy Code provides common-sense instruction that the allowed amount of a secured claim is equal to the value of the collateral securing the claim and that a claim is unsecured to the extent the…more
| Bankruptcy, Finance & Banking

Lender Beware: Ensure Plan Releases are Limited to Debtor’s Obligations

A creditor who settles with a debtor during a bankruptcy case must be sure to continue following the case during the plan stage, or risk the plan affecting the creditor’s rights against third parties. Iberiabank learned that…more
| Bankruptcy, Civil Procedure, Commercial Law & Contracts, Finance & Banking

The Meridian Sunrise Village Opinion Redux

In my last post I discussed the Meridian Sunrise Village v. NB Distressed Debt Investment Fund Ltd. opinion handed down by the United States District Court for the Western District of Washington in March of this year. The prior…more
| Bankruptcy, Civil Procedure, Commercial Law & Contracts, Finance & Banking, Real Estate - Commercial

Secured Lender Protection Limited When Bitcoin is Collateral

On June 17, 2014, the U.S. Bankruptcy Court in Dallas granted recognition under chapter 15 of the Bankruptcy Code of the bankruptcy proceeding in Japan of failed bitcoin exchange, Mt Gox. Mt. Gox shut down after claiming to lose…more
| Bankruptcy, Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology

Delaware District Court Affirms Order Approving Gifting In Chapter 11 Case

The U.S. District Court for the District of Delaware has affirmed a bankruptcy court order which approved both a sale of the debtors’ assets and the establishment of an escrow account, which essentially provides a “gift” to fund…more
| Bankruptcy, Civil Procedure, Finance & Banking, Taxation, Wills, Trusts, & Estate Planning

Are Distressed Loan Fund Investors “Financial Institutions” And Why Does It Matter?

Once again, those of us in the commercial finance world are reminded of the age-old adage caveat emptor. This time the warning is directed at hedge funds and other investors with a penchant for purchasing distressed debt from…more
| Bankruptcy, Civil Procedure, Commercial Law & Contracts, Finance & Banking
Areas of Practice
  • Bankruptcy
  • Debtor/Creditor
  • Finance & Banking
Locations
Other U.S. Locations
  • Florida
Number of Attorneys

100+ Attorneys

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