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Binding Agreements Commercial Bankruptcy

Kramer Levin Naftalis & Frankel LLP

You’ve Got Contract: An Email Establishes Binding Settlement in the Second Circuit

In Shinhan Bank v. Lehman Brothers Holdings Inc. (In re Lehman Brothers Holdings Inc.), 17-2700 (2d Cir. July 17, 2018), the Second Circuit upheld the bankruptcy court’s and district court’s ruling that an email by...more

Hogan Lovells

The Importance of Signatures: General Motors’ Unsigned But Fully Negotiated Deal Not Enforceable

Hogan Lovells on

U.S. Bankruptcy Judge Martin Glenn recently decided that a fully-negotiated agreement would not be enforced in the absence of required signatures. The agreement contemplated a settlement between the General Motors bankruptcy...more

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