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Supreme Court Holds That a Non-Debtor Retaining a Debtor’s Property Does Not Exercise Control Over the Property in Violation of the Automatic Stay

In January 2020, we analyzed a split among the Circuit Courts regarding whether a non-debtor holding a debtor’s property on the petition date has an affirmative obligation under section 362(a)(3) of the Bankruptcy Code to return that property to the debtor immediately following the filing of the bankruptcy petition.

USA, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
Putting Jersey companies into English administration

A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").

Jersey, United Kingdom, Insolvency & Restructuring, Bedell Cristin, Debtor, Commercial property, Limited partnership, Liquidation, Commercial mortgage-backed security, Unit trust, Insolvency Act 1986 (UK), Courts of Jersey
Putting Jersey companies into English administration

A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").

Jersey, United Kingdom, Insolvency & Restructuring, Bedell Cristin, Debtor, Commercial property, Limited partnership, Liquidation, Commercial mortgage-backed security, Unit trust, Insolvency Act 1986 (UK), Courts of Jersey