On Wednesday 29 April the Outer House of the Court of Session in Edinburgh issued an opinion sanctioning two schemes of arrangement proposed by Premier Oil Plc and Premier Oil UK Limited (together, Premier Oil) (the Schemes). The Court addressed multiple grounds of challenge and did so without hearing live evidence, despite disputes of fact between the parties.
European Union, United Kingdom, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
In an apparent case of first impression in Massachusetts, the US Bankruptcy Court for the District of Massachusetts recently held that an allonge must be physically affixed to the original promissory note to be effective.
USA, Massachusetts, Insolvency & Restructuring, Litigation, Nutter McClennen & Fish LLP, Bankruptcy, Debtor, Debt, Mortgage loan, Standing (law), Capital punishment, Wells Fargo, US Code, Uniform Commercial Code (USA), United States bankruptcy court, US District Court for District of Massachusetts, Massachusetts General Court