Seventh Circuit takes the long view in defining insider status for preference actions

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Filed under:
USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Bankruptcy, Debtor, Limited liability company, US Code, United States bankruptcy court, Seventh Circuit
Authors:
Benjamin C. Wolf
Location:
USA
Firm:
Kramer Levin Naftalis & Frankel LLP
Post-script – recent Enron “settlement payment” decision has first beneficiary

The Bottom Line:

Filed under:
USA, New York, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Bankruptcy, Unsecured debt, Security (finance), Default (finance), Subsidiary, Enron, Second Circuit, United States bankruptcy court, US District Court for SDNY
Authors:
Benjamin C. Wolf
Location:
USA
Firm:
Kramer Levin Naftalis & Frankel LLP
Now that’s settled – Second Circuit in Enron exempts redemption of commercial paper

The Bottom Line:

Filed under:
USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Bankruptcy, Debtor, Security (finance), Statutory interpretation, Safe harbor (law), Debt, Maturity (finance), Fair market value, Commercial paper, US Code, ING Group, Westlaw, Enron, Second Circuit, United States bankruptcy court, Trustee
Authors:
Benjamin C. Wolf
Location:
USA
Firm:
Kramer Levin Naftalis & Frankel LLP