On June 9, 2014, the U.S. Supreme Court issued the latest installmentin the jurisdictional saga of bankruptcy courts. As the highly anticipatedsequel to Stern v.

At the request of the FTC and the State of Florida, last week, the Southern District Court of Florida temporarily shut down two major telemarketing operations.

The Rescheduling of Indebtedness of Large Israeli Companies

2013 was the year when repayment obligations finally caught up with some of Israel’s largest corporate borrowers.

In addition to the new legal concepts introduced by Amendment 19, several recent high-profile bankruptcy cases have indicated that Israeli insolvency law generally is in a state of transition.

BNP Paribas – IDB Development Company

Generally, license agreements are “executory contracts” in bankruptcy. Executory means performance is due from both sides. When a party to an executory contract becomes a debtor in bankruptcy, it may either reject or assume the contract. However, non-debtor parties (or “counterparties”) enjoy some protections, especially when the contract is a license agreement for intellectual property.

The basics.