business Cases
October 16, 2017
Filing a proof of claim would have precluded a jury trial in a fraudulent transfer suit.
October 11, 2017
3rd Circuit , Delaware ,
Breakup fee cannot be paid if the court or regulators disapprove a proposed sale.
October 10, 2017
Split decision refuses to invoke ‘equity’ to override a policy choice made by Congress.
October 9, 2017
3rd Circuit , Delaware ,
Delaware bankruptcy judge disagrees with district court on final adjudicatory power to include third-party releases in confirmation orders.
September 27, 2017
Average daily sales suffice to show the date when new value was advanced.
September 25, 2017
Baker Botts v. ASARCO doesn’t prohibit retention agreements allowing fees for defense of fees, judge holds.
September 21, 2017
Judge uses legislative history because Section 1114 is ambiguous.
September 18, 2017
3rd Circuit , Delaware ,
Priority skipping permitted as part of final approval of DIP financing.
September 13, 2017
New York offers a chapter 15 home for foreign companies hoping to avoid liquidation.
September 11, 2017
A receiver who is not ‘disinterested’ can justify putting a company in bankruptcy.