British Virgin Islands
Restructuring & Insolvency Comparative Guide for the jurisdiction of British Virgin Islands, check out our comparative guides section to compare across multiple countries
Restructuring & Insolvency Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries
On February 8, 2021, three student loan borrowers filed an involuntary petition against Navient Solutions LLC in New York bankruptcy court seeking to force Navient into bankruptcy.
As Texas recovers from its winter energy crisis, hard hit consumers and retail power providers may be facing potential bankruptcies
Proskauer Rose LLP
Private credit lenders started 2020 both with anticipation and trepidation. Activity levels were strong and default levels were at historic lows, but private credit lenders worried about the risk of economic headwinds –
Morrison & Foerster LLP
The Part A1 Moratorium is an insolvency process that was introduced by the Corporate Insolvency Governance Act 2020 to help financially
In a January 2021 decision issued in the re-opened United Refining Company bankruptcy case, Judge Lopez of the Southern District of Texas Bankruptcy Court addressed when a tort claim is deemed to arise ...
Many startups funded by venture capitalists may face the harsh reality of running out of money. While some of the lucky ones will lock in another round of financing, others, to put it bluntly...
Schnader Harrison Segal & Lewis LLP
In the Consolidated Appropriations Act of 2021 (the "Act"), signed into law by President Trump on December 27, 2020, Congress reduced the risk for companies in working with businesses that have been negatively impacted by Covid-19.
The Wall Street Journal reports that high demand for corporate debt has allowed even the riskiest of companies to refinance..
Cooley recently named Cullen Speckhart the chair of the firm's restructuring practice, making her one of the few women leading bankruptcy practices in Big Law.
Bloomberg reports that at least seven new-issue CLOs are currently marketing, with January new-issue volume at nearly $9 billion.
Patterson Belknap Webb & Tyler LLP
A seat at the table: this is what you likely want when your financial interests are drawn into a bankruptcy court proceeding.
The National Rifle Association ("NRA"), along with its wholly owned Texas subsidiary, filed for chapter 11 bankruptcy protection on January 15, 2021 in the Bankruptcy Court for the...
As discussed in previous posts, the Consolidated Appropriations Act of 2021 (the "Act") was signed into law on December 27, 2020...
Morrison & Foerster LLP
The Corporate Insolvency and Governance Act 2020 introduced a new restructuring plan (the "Restructuring Plan") under Part 26A of the Companies Act 2006. As a recent entrant into the market
The Wall Street Journal analyzes the challenges and prospects of Gamestop Corp., AMC Entertainment Holdings Inc., Bed Bath & Beyond Inc., ...
Section 546(e) of the US Bankruptcy Code, which Congress enacted to promote stability and finality in financial markets, provides a safe harbor against the avoidance ...
As discussed in a previous post, the Consolidated Appropriations Act of 2021, which was enacted on December 27, 2020 in response to the economic distress caused by the COVID-19 pandemic, amended numerous provisions of the Bankruptcy Code.
Kramer Levin Naftalis & Frankel LLP
Debt security restructurings in response to COVID-19 that solely impact covenant requirements are not considered TDRs.