There is a first time for everything - US bankruptcy plan for Australian debtor

Need to know

In a first for the US and Australian markets, the Buccaneer Energy group of companies successfully had bankruptcy plans approved by the US Bankruptcy Court for both US and Australian incorporated debtor companies. 

Filed under:
Australia, USA, Insolvency & Restructuring, Litigation, Baker McKenzie, Bankruptcy, Debtor
Authors:
David Walter , David Heroy , Peter Lucarelli , David Parham
Location:
Australia, USA
Firm:
Baker McKenzie
ABI publishes its review of US Chapter 11 bankruptcy

"Once in a generation" review

Shortly before the Christmas break, the much anticipated review of the United States "Chapter 11 bankruptcy" regime was published by the American Bankruptcy Institute (ABI). This is one of very few such major "root and branch" reviews of Chapter 11 since its enactment in 1978, and the first since the 1990s.

Filed under:
Australia, USA, Insolvency & Restructuring, Baker McKenzie, Bankruptcy
Authors:
David Walter , Peter Lucarelli , David Heroy
Location:
Australia, USA
Firm:
Baker McKenzie
ABI publishes its review of US Chapter 11 bankruptcy

"Once in a generation" review

Shortly before the Christmas break, the much anticipated review of the United States "Chapter 11 bankruptcy" regime was published by the American Bankruptcy Institute (ABI). This is one of very few such major "root and branch" reviews of Chapter 11 since its enactment in 1978, and the first since the 1990s.

Filed under:
Australia, USA, Insolvency & Restructuring, Baker McKenzie, Bankruptcy
Authors:
Maria O'Brien , David Walter , Peter Lucarelli , David Heroy
Location:
Australia, USA
Firm:
Baker McKenzie