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Liquidation

Kelley Drye & Warren LLP

Court of International Trade Clarifies Broad IEEPA Tariff Refund Eligibility

On March 27, 2026, the Court of International Trade (CIT) issued an additional amendment to an earlier order directing the refund of all the IEEPA tariffs previously paid on imports when those duties were in effect, prior to...more

Troutman Pepper Locke

CBP Provides Further Details on IEEPA-Related Refund Mechanism

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U.S. Customs and Border Protection (CBP) has submitted a series of declarations to the U.S. Court of International Trade (CIT) in Atmus Filtration, Inc. v. United States (Court No. 26-01259) — on March 6, March 12, and March...more

Cadwalader, Wickersham & Taft LLP

The Triple‑Play – Adaptability, Cross‑Border Tools and Regulatory Capital, March 2026 - Searching in CayLux - What Can Be Found?

As transactions near the finish line, two of the most common 'punch list' items that remain are often: (i) lien and court searches; and (ii) good standing certificates, in the relevant jurisdictions....more

Orrick, Herrington & Sutcliffe LLP

FDIC releases audit of causes and response to January 2025 community bank failure

On March 3, the FDIC’s OIG released a review of a failed state-chartered mutual savings bank, detailing the causes of its collapse and assessing the FDIC’s supervision under the FDI Act’s “Prompt Corrective Action” provision....more

FBT Gibbons LLP

To File or Not to File: Is CIT Litigation Necessary to Get Your IEEPA Tariffs Refunded?

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On February 20, 2026, the U.S. Supreme Court rendered its landmark decision striking down tariffs purportedly authorized by the International Emergency Economic Powers Act (IEEPA) in Learning Resources, Inc. v. Trump....more

Greenberg Glusker LLP

[Webinar] CLE Last Dash | Bankruptcy and Its Alternatives: A Practical Decision-Tree for Distressed Businesses - March 25th, 10:00...

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Businesses under financial stress rarely have a single “right” answer—especially in today’s environment of tighter credit, contested valuations, and heightened litigation risk. In this one-hour, practical CLE, Keith Banner...more

Sheppard, Mullin, Richter & Hampton LLP

CIT Issues IEEPA Order: Why Importers Should Still File Individual Actions

The U.S. Court of International Trade (“CIT”) issued a significant ruling on March 4, 2026 that creates new considerations for importers seeking refunds of tariffs imposed under the International Emergency Economic Powers Act...more

Dickinson Wright

3 Strikes Against Chapter 15

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The Southern District of Texas Bankruptcy Court recently underscored the importance of carefully implementing Chapter 15 eligibility. In its Geden and Siu-Fung decisions, the court reasserted its independent duty to...more

Alston & Bird

CIT Orders Refunds of IEEPA Tariffs on Unliquidated and Not Finally Liquidated Entries

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Yesterday (March 4, 2026) the Court of International Trade (“CIT”) issued an order in Atmus Filtration, Inc. v. United States, CIT No. 26-01259, directing U.S. Customs and Border Protection (“CBP”) to refund IEEPA tariffs on...more

DLA Piper

Southern District of Texas applies Section 109(a) to Chapter 15 recognition - Aligns with Second Circuit’s Barnet, rejects...

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The United States Bankruptcy Court for the Southern District of Texas held in In re Siu-Fung Ceramics Holdings that the Bankruptcy Code requires a foreign debtor to have a domicile, a place of business, or property in the US...more

Kelley Drye & Warren LLP

Court of International Trade Orders IEEPA Refunds

On March 4, Judge Eaton of the Court of International Trade ordered U.S. Customs and Border Protection (“CBP”) to refund International Emergency Economic Powers Act (“IEEPA”) duties to all importers of record....more

Husch Blackwell LLP

Court of International Trade Orders CBP to Refund IEEPA Duties on All Liquidated and Unliquidated Entries

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On March 4, 2026, following the February 20, 2026 decision by the Supreme Court invalidating IEEPA tariffs, the Court of International Trade ordered CBP to (a) liquidate “without regard to IEEPA duties” all unliquidated...more

Holland & Knight LLP

Constitución de garantías en procesos sancionatorios ambientales

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De acuerdo con la Ley 2387 de 2024, que modificó la Ley 1333 de 2009, cuando una empresa se encuentra en causal de disolución, prevé entrar o efectivamente entra en procesos como disolución, fusión, escisión, reorganización,...more

Jones Day

Business Restructuring Review Vol. 25 No. 1 | January-February 2026

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A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments....more

Jones Day

U.S. Bankruptcy Court Denies Chapter 15 Recognition of Maltese Liquidation Absent Evidence of Meaningful Activities Supporting...

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Having reached its 20th anniversary of enactment, chapter 15 of the Bankruptcy Code has proven to be an invaluable tool in assisting foreign debtors, their duly-appointed representatives, and foreign bankruptcy courts to,...more

Husch Blackwell LLP

Eddie Bauer's North American Retail Operator's Chapter 11 Filing—What Creditors Should Know

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Eddie Bauer’s North American retail operator has filed for Chapter 11 bankruptcy, placing roughly 180 U.S. and Canadian stores into restructuring. While many locations are expected to remain open in the near term, the company...more

Holland & Knight LLP

2025 Aviation Bankruptcy Update

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In keeping with the past five years, 2025 has continued to be an active time for airline restructurings and liquidations. The two largest U.S. aviation Chapter 11 proceedings that commenced during 2024, Spirit Airlines and...more

Cooley LLP

Q4 2025 Venture Financing Report: Up and Flat Rounds Increased; Recapitalization, Pay to Play and Redemption Decreased

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Cooley handled 221 reported venture capital financings in Q4 2025, representing $8.9 billion of invested capital. In Q4, deal volume decreased slightly across Series Seed, B, D and higher rounds, while Series C deal volume...more

Thompson Coburn LLP

Bankruptcy Administration Improvement Act Doubles Chapter 7 Trustee Fee

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For the first time since 1994, the Bankruptcy Code has been amended to double the fees paid as compensation to trustees serving in Chapter 7 bankruptcy liquidation cases. On February 6, 2026, President Trump, after near...more

Stark & Stark

Out in the Cold: Eddie Bauer Files for Chapter 11 Bankruptcy in New Jersey

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​​​​​​​Eddie Bauer LLC, the retail operator of approximately 180 Eddie Bauer stores across the U.S. and Canada, filed for voluntary Chapter 11 bankruptcy protection on February 9, 2026, in the United States Bankruptcy Court...more

A&O Shearman

New law on rehabilitation and bankruptcy: bringing Vietnam’s bankruptcy regime closer to international practice

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Vietnam has overhauled its decade-old bankruptcy legislation and enacted Law on Rehabilitation and Bankruptcy No. 142/2025/QH15 (RBL 2025), which will take effect on March 1, 2026 and replace the existing Law on Bankruptcy...more

Kelley Drye & Warren LLP

CIT Signals Intent to Announce Future Procedures for IEEPA-Related Litigation

We continue to watch closely for a pronouncement from the U.S. Supreme Court on the lawfulness of the fentanyl trafficking-related and global reciprocal tariffs imposed under the International Emergency Economic Powers Act...more

Foster Garvey PC

Supreme Court Review of IEEPA Tariffs Brings Importer Refund Rights Into Focus

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As you may have seen in the news, tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are now before the Supreme Court after the Court of Appeals for the Federal Circuit found them unlawful. While...more

BCLP

Standout UK Insolvency Cases of 2025 and Their Impact for Insolvency Practitioners in 2026

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Every year, the courts make a vast number of insolvency case law decisions. Many refine established legal principles; some are highly fact-specific (and distinguishable on that basis), whilst others reshape practice and...more

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