Christopher O. Rivas | Global Insolvency

Security interest in FCC license and proceeds thereof is ‘after-acquired’ property where no sale agreement executed pre-petition, wiping out lender’s lien

15 June 2011

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Parent obligor can pledge subsidiary’s collateral with subsidiary’s knowledge and consent

11 December 2013

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USA

Ninth Circuit joins majority, holds unstayed judgments not ‘bona fide dispute’

12 June 2013

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Asset purchaser is subject to successor liability for FLSA judgment, despite specific disclaimer of liability

12 June 2013

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USA

Bank loses possessory lien following turnover of funds to trustee – should have sought adequate protection

12 June 2013

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USA

Separation of claims solely on the basis of personal guaranty not permitted

18 February 2013

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USA

Continuing ‘material’ obligations render license agreement executory – Lewis Brothers

18 February 2013

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USA

Pre-petition security license in proceeds of FCC license continues post-petition – Tracy Broadcasting overturned

18 February 2013

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USA

Third Circuit clarifies burden of proof analysis under section 506(a) valuation, and allows lien stripping in chapter 11

15 October 2012

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USA

Letter of credit payment made independent of bond indenture is not a ‘settlement payment’ protected by section 546(e)

15 October 2012

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