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EuroResource--deals and debt

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Argentina, Cyprus, France, United Kingdom, USA, Banking, Insolvency & Restructuring, Litigation, Tax, Jones Day, Bond (finance), Hedge funds, Debt, Default (finance), UNCITRAL, Second Circuit
Euroresource--deals and debt

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Argentina, Germany, Global, Spain, Banking, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Debt, Default (finance), Second Circuit
Euroresource--deals and debt

Recent Developments

Argentina, European Union, USA, New York, Banking, Insolvency & Restructuring, Litigation, Public, Jones Day, Bond (finance), Bankruptcy, Hedge funds, Debt, Default (finance), Debt restructuring, ECB, Second Circuit
EuroResource--deals and debt

Global—On 26 October 2012, the U.S. Court of Appeals for the Second Circuit, in a ruling that may impact sovereign debt restructurings, upheld a lower court order enjoining Argentina from making payments on restructured defaulted debt without making comparable payments to bondholders who did not participate in the restructuring.

Spain, United Kingdom, USA, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Injunction, Security (finance), Debt, Default (finance), Second Circuit
Euroresource--deals and debt

Recent Developments

European Union, Germany, Italy, United Kingdom, Banking, Insolvency & Restructuring, Litigation, Jones Day, Debtor, Board of directors, European Commission, European Banking Authority, ECB
Euroresource—deals and debt

Recent Developments

Belgium, Italy, Spain, United Kingdom, Banking, Competition & Antitrust, Insolvency & Restructuring, Litigation, Tax, Jones Day
U.S. Supreme Court clarifies that Chapter 13 debtors may not deduct car ownership expenses when they make no loan or lease payments

In Ransom v. FIA Card Servs., N.A., --- S.Ct. ----, 2011 WL 66438 (U.S. 2011), the United States Supreme Court took up the question of whether a Chapter 13 debtor who owns his or her vehicle outright (“free and clear”) may claim an allowance for car ownership costs and thereby reduce the amount that he or she will repay creditors. In her first opinion, Justice Kagan answered simply—no. The Ransom opinion has been seen as a victory for not only credit card companies like the one involved but other creditors, as well.

USA, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, Bankruptcy, Costs in English law, Debtor, Unsecured debt, Debt, Tax deduction, Internal Revenue Service (USA), Supreme Court of the United States, Ninth Circuit, Bankruptcy Appellate Panel