The Year in Bankruptcy: 2024 -
A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative...more
2/4/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Chapter 15 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Debt Restructuring ,
Debtors ,
Insolvency ,
Restructuring
The expansion of global commerce in recent years has been accompanied by a significant increase in the volume of cross-border bankruptcy cases. Many of those cases involve "recognition" of foreign bankruptcy or insolvency...more
2/3/2025
/ Asset Freeze ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 15 ,
Comity ,
Commercial Bankruptcy ,
Corporate Veil ,
Foreign Bankruptcies ,
Insolvency ,
Jurisdiction ,
Public Policy ,
Reorganizations
It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the automatic stay preventing...more
1/31/2025
/ Adversary Proceedings ,
Automatic Stay ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 15 ,
Creditors ,
Cross-Border Transactions ,
Debtors ,
Foreign Bankruptcies ,
Insolvency ,
Reorganizations
In This Issue:
Washington District Court Overturns Approval of Third-Party Releases in a Settlement Agreement and Related Free-and-Clear Sale -
In In re Fraser’s Boiler Serv., Inc., 2019 WL 1099713 (D. Wash. Mar. 18,...more
8/21/2019
/ Bankruptcy Code ,
Bankruptcy Court ,
Bankruptcy Discharge Order ,
Chapter 11 ,
Chapter 15 ,
Commercial Bankruptcy ,
Debt Collection ,
FERC ,
Foreign Debt ,
PG&E ,
Settlement Agreements ,
Taggart v Lorenzen