Hong Kong Court Addresses Interplay Between Arbitration and Insolvency
Hong Kong, India, Singapore, Arbitration & ADR, Insolvency & Restructuring, Litigation, Morrison & Foerster LLP, Debtor, Singapore International Arbitration Centre
On January 17, 2019, the United States Court of Appeals for the Fifth Circuit (the “FifthCircuit”) issued a decision in In re Ultra Petroleum Corp. that could have significant implications for creditors seeking payment of contractual make-whole amounts and post-petition interest from chapter 11 debtors.[1]