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    SDNY Distinguishes Supreme Court, Holds Tribune Company’s Leveraged Buyout Falls Within Section 546(e) Safe Harbor Provision
    20 August 2019

    The District Court for the Southern District of New York has ruled that a trustee could not amend a complaint to add federal constructive fraudulent transfer claims because those claims were preempted by the safe harbor provision of the Bankruptcy Code.[1]  The District Court found, under a plain language reading of the safe harbor provision, 11 U.S.C.

    USA, New York, Insolvency & Restructuring, Litigation, Caplin & Drysdale, Chartered, Title 11 of the US Code, Second Circuit

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