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Recent Developments In Bankruptcy Law Update April 2016

Recent Developments in Bankruptcy Law, April 2016 (Covering cases reported through 545 B.R. 785 and 810 F.3d 860) RICHARD LEVIN Partner +1 (212) 891-1601 [email protected] © Copyright 2016 Jenner & Block LLP. 353 North Clark Street Chicago, IL 60654-3456. Jenner & Block is an Illinois Limited Liability Partnership including professional corporations. Attorney Advertising. Prior results do not guarantee a similar outcome.

USA, Environment & Climate Change, Insolvency & Restructuring, Litigation, Jenner & Block LLP, Federal Reporter, Limited liability partnership
清算人は、監査委員会の調査につき秘匿特権を主張できる

In re China Medical Technologies, Inc., 539 B.R. 643 (S.D.N.Y. 2015) (No. 12-BR-13736)において、倒産手続 における会社の清算人は、同社の監査委員会に向けて外部弁護士が実施した倒産前の内部調査に関連 する資料にアクセスすることを求めた。破産裁判所は、外部弁護士に対し、秘匿特権で保護されない 資料の提出を命じたが、弁護士と依頼人の間の秘匿特権や職務活動の法理（ワークプロダクトの法 理）で保護される資料については提出を命じなかった。清算人は、提出が命じられなかったこれらの 資料につき、控訴した。当事者は、本件で先例となる秘匿特権についての判例はCFTC v.

USA, New York, Insolvency & Restructuring, Legal Practice, Litigation, Jenner & Block LLP
Recent Developments in Bankruptcy Law, January 2016

Recent Developments in Bankruptcy Law, January 2016 (Covering cases reported through 541 B.R. 768 and 804 F.3d 977) RICHARD LEVIN Partner +1 (212) 891-1601 [email protected] © Copyright 2016 Jenner & Block LLP. 353 North Clark Street Chicago, IL 60654-3456. Jenner & Block is an Illinois Limited Liability Partnership including professional corporations. Attorney Advertising. Prior results do not guarantee a similar outcome.

USA, Capital Markets, Insolvency & Restructuring, Litigation, White Collar Crime, Jenner & Block LLP
Liquidator Had Right To Assert Privilege Over Audit Committee Investigation

In In re China Medical Technologies, Inc.,539 B.R. 643 (S.D.N.Y. 2015) (No.

USA, New York, Insolvency & Restructuring, Legal Practice, Litigation, Jenner & Block LLP, Attorney-client privilege
Recent developments in bankruptcy law, October 2015

© Copyright 2015 Jenner & Block LLP. 353 North Clark Street Chicago, IL 60654-3456. Jenner & Block is an Illinois Limited Liability Partnership including professional corporations. Attorney Advertising. Prior results do not guarantee a similar outcome. Recent Developments in Bankruptcy Law, October 2015 (Covering cases reported through 536 B.R.

USA, Insolvency & Restructuring, Litigation, Jenner & Block LLP, Limited liability partnership
Bankruptcy counsel not entitled to fees for defending fee applications.

In Baker Botts L.L.P. v. Asarco LLC, No. 14-103, 2015 WL 2473336 (U.S. June 15, 2015), the U.S.

USA, Insolvency & Restructuring, Litigation, Jenner & Block LLP, Bankruptcy
Supreme Court holds that parties may consent to bankruptcy courts adjudications.

On May 26, 2015, the United States Supreme Court ruled that Article III of the U.S. Constitution is not violated when bankruptcy courts decide matters with the knowing and voluntary consent of the litigants.  Wellness Int’l Network, Ltd. v. Sharif,No. 13-935 (U.S. May 26, 2015).

USA, Insolvency & Restructuring, Litigation, Jenner & Block LLP, US Constitution, Supreme Court of the United States, United States bankruptcy court
Firm team wins Supreme Court victory for wellness international

On May 26, 2015, the U.S. Supreme Court ruled in favor of the firm’s client Wellness International Network, reversing a Seventh Circuit decision that held that Article III of the Constitution was violated when litigants consented to the entry of judgments by bankruptcy courts on what have come to be known as “Stern” claims.  In siding with arguments made by Partner Catherine L.

USA, Insolvency & Restructuring, Litigation, Jenner & Block LLP, Article III US Constitution, Supreme Court of the United States, Seventh Circuit
Liquidator of bankrupt debtor could not waive privilege of debtor’s audit committee.

In In re: China Medical Technologies, Inc., 522 B.R. 28 (Bankr. S.D. N.Y.

USA, New York, Insolvency & Restructuring, Legal Practice, Litigation, Jenner & Block LLP
Former direct access partners executives plead guilty

The former CEO of U.S. broker-dealer Direct Access Partners (DAP), Benito Chinea, and a former DAP managing director, Joseph Demeneses, each pleaded guilty one count of conspiracy to violate the FCPA and the Travel Act in connection with a scheme to bribe an official at a Venezuelan development bank, Banco de Desarollo Económico y Social de Venezuela (BANDES), in exchange for the official’s directing BANDES’ trading business to DAP.

USA, Capital Markets, Insolvency & Restructuring, Litigation, White Collar Crime, Jenner & Block LLP