Delaware Bankruptcy Court Limits Issuer's Reimbursement Duty to Indenture Trustee

Key Note:

Filed under:
USA, Insolvency & Restructuring, Litigation, Thompson Hine LLP
Authors:
Curtis L. Tuggle , Jessica Kincaid , Jon S. Hawkins
Location:
USA
Firm:
Thompson Hine LLP
Ohio adopts new receivership statute

Effective March 23, 2015, the Ohio Revised Code will contain robust provisions for the court appointment of a receiver, which will expand the statutory grounds for such appointments and expressly authorize enumerated powers for receivers designed to facilitate the receiver’s ability to liquidate assets. In many respects the revised statute codifies a number of existing practices.

Filed under:
USA, Ohio, Insolvency & Restructuring, Thompson Hine LLP
Authors:
Alan R. Lepene , Linda A. Striefsky , Jon S. Hawkins
Location:
USA
Firm:
Thompson Hine LLP
Foreign borrower’s rights in indenture ruled sufficient to meet Second Circuit’s controversial Chapter 15 eligibility requirement

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Filed under:
USA, Insolvency & Restructuring, Litigation, Thompson Hine LLP
Authors:
Alan R. Lepene , William H. Schrag , Jon S. Hawkins
Location:
USA
Firm:
Thompson Hine LLP
NY court clarifies “foreign representative” for Chapter 15 recognition

On July 13, 2015, the United States Bankruptcy Court for the Southern District of New York refined the qualifications of “foreign representative” for purposes of granting recognition in a Chapter 15 proceeding.[1]

Filed under:
USA, New York, Insolvency & Restructuring, Litigation, Thompson Hine LLP, United States bankruptcy court
Authors:
Alan R. Lepene , William H. Schrag , Curtis L. Tuggle , Jon S. Hawkins
Location:
USA
Firm:
Thompson Hine LLP