Second Circuit’s reversal of controversial restructuring decision may boost confidence among distressed bond issuers.
USA, Banking, Capital Markets, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Higher Education Act 1965 (USA), Second Circuit
Bankruptcy Court reinforces importance of parties’ intent in determining the nature of overriding royalty interests under state law.
USA, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Debtor, United States bankruptcy court
TECHNICAL UPDATE - APRIL 2015
The Small Business, Enterprise and Employment Act 2015 (“the Act”), which received Royal Assent on 26 March 2015, contains a number of changes and additions to the Insolvency Act 1986 (“IA 1986”).
A summary of the changes, as they relate to insolvency proceedings, are highlighted below but for full details as to the newest additions to the IA 1986, please see s117 to s146 of the Act which can be located at: