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On Creditors’ Committees: Don’t Forget to Change Your Hat when Sitting as a Committee Member

Michael Traison Chicago/NYC – 312.860.4230

Michael Kwiatkowski Garden City – 516.296.9144

USA, Insolvency & Restructuring, Litigation, Cullen and Dykman LLP, US Department of Justice
Don’t Miss the Bar Date! The Importance of Timely Filing Bankruptcy Proofs of Claim

When a debtor files bankruptcy, bankruptcy attorneys and creditors are well aware of the importance of assessing the need for creditors to file proofs of claim and making sure that proofs of claim are timely filed.

USA, Insolvency & Restructuring, Litigation, Cullen and Dykman LLP
CFA success fees and ATE premiums no longer recoverable for insolvency cases

From 1 April 2016, conditional fee agreements (CFA), after the event premiums and success fees will no longer be recoverable in insolvency cases.

The legislative change is set to have the biggest impact on lower-value insolvency cases (damages less than £500,000 and legal costs lower than £200,000).

United Kingdom, Insolvency & Restructuring, Insurance, Litigation, RPC