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Actualité législative et réglementaire
- Ordonnance n°2017-1519 du 2 novembre 2017 relatif aux procédures d’insolvabilité
- Décret n°2017-1416 du 28 septembre 2017 relatif à la signature électronique
Jurisprudence
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- Le devoir de conseil du prestataire informatique
- Inopposabilité par la caution de la clause de conciliation préalable contenue dans un contrat de prêt
- Le devoir de conseil et d’information du conseil en gestion de patrimoine
- La notion d’investisseur averti
- Absence de subsidiarité de la responsabilité des professionnels du droit
- Dématérialisation des procédures collectives
Le devoir de conseil du prestataire informatique
Affirming the bankruptcy court below in a case of first impression, in In re Caviata Attached Homes, LLC, 481 B.R. 34 (B.A.P. 9th Cir. 2012), a Ninth Circuit bankruptcy appellate panel held that a relapse into economic recession following a chapter 11 debtor’s emergence from bankruptcy was not an “extraordinary circumstance” that would justify the filing of a new chapter 11 case for the purpose of modifying the debtor’s previously confirmed plan of reorganization.
Modification of a Confirmed Chapter 11 Plan
In the first circuit-level opinion on the issue, the Fourth Circuit Court of Appeals in Matson v. Alarcon, 651 F.3d 404 (4th Cir. 2011), held that, for purposes of establishing priority under section 507(a)(4) of the Bankruptcy Code, an employee's severance pay was "earned" entirely upon termination of employment, even though the severance amount was determined by the employee's length of service with the employer.
Section 507(a)(4)
The Bankruptcy Code treats insiders with increased scrutiny, from longer preference periods to rigorous equitable subordination principles, denial of chapter 7 trustee voting rights, disqualification in some cases of votes on a cram-down chapter 11 plan, and restrictions on postpetition key-employee compensation packages. The treatment of claims by insiders for prebankruptcy services is no exception to this general policy: section 502(b)(4) disallows insider claims for services to the extent the claim exceeds the "reasonable value" of such services.