Texas Rangers: Lenders Strike Out in Challenge to Financial Advisors’...
On September 25, 2012, Judge D. Michael Lynn for the United States Bankruptcy Court of the Northern District of Texas held that a “tail provision” for professional fees rendered prepetition survived -...
View ArticleHostess Does Not Liquidate, Set to Mediate With Union
Reports of Twinkie the Kid’s death have been exaggerated. Despite widespread mainstream media reports of Hostess’ impending liquidation, the court has not yet approved liquidation. To the contrary, on...
View ArticleHostess to Liquidate
After a final mediation session between Hostess and its unions failed to put Hostess’s reorganization back on track, Bankruptcy Judge Robert Drain authorized the orderly wind down of Hostess’s...
View ArticleDevelopments in European Restructurings
Cadwalader partner Richard Nevins recently sat down to discuss developments in European restructurings with Doug Mintz, Restructuring Review's Co-Editor-in-Chief and Cadwalader Special Counsel....
View ArticleU.S. Second Circuit Requires Argentina to Pay Defaulted Sovereign Debt Under...
On 26 October 2012, the United States Court of Appeals for the Second Circuit upheld permanent injunctions designed to remedy Argentina’s breach of a promise to pay certain bondholders after a 2001...
View ArticleBecause of Winn-Dixie? SDNY Bankruptcy Court Looks Beyond Literal Compliance...
On November 27, 2012, in a ruling that undoubtedly will impact the choice of venue for many large corporate bankruptcies in the future, Judge Shelley C. Chapman of the United States Bankruptcy Court...
View Article2012 Year In Review – Part 1
To our readers: From the Supreme Court weighing in on a chapter 11 case to Bankruptcy Court opinions that may profoundly impact venue selection, many important bankruptcy developments occurred in...
View Article2012 Year in Review – Part 2
To our readers: From the Supreme Court weighing in on a chapter 11 case to Bankruptcy Court opinions that may profoundly impact venue selection, many important bankruptcy developments occurred in...
View ArticleUPDATE: Court Rejects CalPERS’ Efforts to Lift Stay In San Bernardino Case
In a ruling predicted by the Restructuring Review Blog last month, Judge Meredith A. Jury of the U.S. Bankruptcy Court for the Central District of California rejected arguments by CalPERS that the...
View ArticleIn re Hostess Brands, Inc.: Southern District of New York Bankruptcy Court...
On January 7, 2013, the Judge Robert D. Drain of the United States Bankruptcy Court for the Southern District of New York held that a dispute concerning the debtors’ use of cash collateral was not...
View ArticleBitcoins in Bankruptcy: Trouble Ahead for Investors and Bankruptcy...
It is hard to ignore the media attention surrounding Bitcoin these days. Within the last few months, the virtual currency has surged to new highs, was the focus of a Congressional hearing, and was the...
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