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On December 1, 2020, certain amendments to the Federal Rules of Bankruptcy Procedure take effect.
Ice Miller LLP
As lenders prepare for a world with an increased risk of borrower failures, liquidations, and bankruptcies, many have begun focusing on requiring that borrowers form special purpose entities
Mayer Brown
Reuters reports that the Brazilian government will forgive approximately US$1.3 billion worth of debt owed to it by telecommunications firm Oi SA...
Chamberlain, Hrdlicka, White, Williams & Aughtry
Taxpayers should never be taxed on income they don't receive. But it happens. It occurred in a recent decision, Koopmann v. United States, No. 09-CV-333 T (Fed. Cl. Sept. 30, 2020)
Mayer Brown
Reporting from Law360 shows that bankruptcy filings in fiscal year 2020 are down by approximately 21% as compared to fiscal year 2019.
Mayer Brown
Reporting from Bloomberg shows that during the first eight months of the COVID-19 pandemic, approximately $52 billion of rent under retail leases went unpaid.
Cooley LLP
Each year amendments are made to the rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure.
Cooley LLP
"In the case of Retail Ecommerce Ventures, it's buying the intellectual property of yet another bankrupt retailer, Stein Mart.
Cadwalader, Wickersham & Taft LLP
With bankruptcies poised to hit a decade-long high as a result of the economic impact of COVID-19, we offer these materials that detail key bankruptcy tax issues.
Mayer Brown
CEC Entertainment, the parent company of kid-friendly and iconic "dinnertainment" restaurant and arcade chain—Chuck E. Cheese—sought and received Bankruptcy Court approval...
Mayer Brown
The Ultra debtors' failure to account for these amounts in their treatment of certain noteholders' claims under the debtors' confirmed Chapter 11 plan thus impaired these noteholders, which should have entitled ...
Shearman & Sterling LLP
The oil and gas industry in the United States is highly dependent upon an intricate set of agreements that allow oil and gas to be gathered from privately owned land.
Bradley
Translating to "now for then," nunc pro tunc orders grant backdated relief. Such orders are common in bankruptcy cases. For instance,...
Patterson Belknap Webb & Tyler LLP
The Bankruptcy Code enables a trustee to set aside certain transfers made by debtors before bankruptcy. See 11 U.S.C. §§ 544, 547, 548.
Cooley LLP
"A spike in coronavirus infections through the US holiday shopping season could trigger more bankruptcies...
Kramer Levin Naftalis & Frankel LLP
Real estate lenders and borrowers everywhere are trying to figure out what to do with properties that are either sitting vacant or underperforming pre-pandemic expectations.
Shearman & Sterling LLP
The article, published on November 9, provides an analysis of a recent New York Court of Appeals decision on debt restructurings.
Lane Powell
It's often hard to tell whether the conflict between environmental cleanup laws and bankruptcy statutes is a bug or a feature.
Bradley
Your former employee sues you, but your employee-plaintiff filed for bankruptcy.
Holland & Knight
The U.S. Bankruptcy Court for the Southern District of Texas awarded on Oct. 26, 2020, a make-whole premium and post-petition interest at the contractual default rate...
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