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    Third Circuit’s withdrawal decision in Marcal Paper – nothing to sneeze at
    2011-07-12

    The Bottom Line:

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Employee Retirement Income Security Act 1974 (USA), Debtor, Unsecured debt, Trade union, Consideration, Liability (financial accounting), Defined benefit pension plan, Title 11 of the US Code, United States bankruptcy court, Third Circuit, Sixth Circuit, Bankruptcy Appellate Panel
    Authors:
    Rachael Ringer
    Location:
    USA
    Firm:
    Kramer Levin Naftalis & Frankel LLP
    Now that’s settled – Second Circuit in Enron exempts redemption of commercial paper
    2011-07-11

    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, ING Group, Westlaw, Enron, US Code, Trustee, Second Circuit, United States bankruptcy court
    Authors:
    Benjamin C. Wolf
    Location:
    USA
    Firm:
    Kramer Levin Naftalis & Frankel LLP
    Stern v. Marshall – bankruptcy court jurisdiction: cut to the core
    2011-07-11

    The Bottom Line:

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Punitive damages, Bankruptcy, Debtor, US Constitution, Article III US Constitution, Supreme Court of the United States, United States bankruptcy court
    Authors:
    Joshua Friedman
    Location:
    USA
    Firm:
    Kramer Levin Naftalis & Frankel LLP
    Aftermath of Stern v. Marshall – BearingPoint Court declines to oversee lawsuit
    2011-07-20

    The Bottom Line:

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Kramer Levin Naftalis & Frankel LLP, Bankruptcy, Fiduciary, Subject-matter jurisdiction, Exclusive jurisdiction, Article III US Constitution, Chief executive officer, Trustee, High Court of Justice (England & Wales), United States bankruptcy court, US District Court for the Southern District of New York
    Authors:
    Adam C. Rogoff
    Location:
    USA
    Firm:
    Kramer Levin Naftalis & Frankel LLP

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