In MicroBilt Corporation v. Ranger Specialty Income Fund, L.P. et al. (In re Princeton AlternativeIncome Fund,LP), Case No. 3:18-CV-16557 (D.N.J. Nov. 27, 2019), the District Court for the District of New Jersey recently affirmed a bankruptcy court's decision to appoint a chapter 11 trustee, without conducting a traditional evidentiary hearing. The holding reinforces that a bankruptcy court has broad discretion to grant extreme remedies in a case.
Facts
DJ Miller, Thornton Grout Finnigan
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
This chapter highlights the flexible nature of Canada’s restructuring regime, where creative solutions to novel and complex issues are welcomed by the judiciary.
Thomas Benes Felsberg, Felsberg Advogados
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
John Wasty, John Riihiluoma, Lalita Vaswani and Sam Riihiluoma, Appleby
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
Sophia Rolle-Kapousouzoglou, Lennox Paton
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
Fabio J Guzmán-Saladín and Pamela Benzán, Guzmán Ariza
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
Cristóbal Eyzaguirre B, Rodrigo Ochagavía O and Santiago Bravo S, Claro & Cia
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
Guy Manning and Paul Kennedy, Campbells
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
This chapter provides an update and recap of material developments in the Cayman Islands in restructuring and insolvency over the past two years.
Rachel Albanese and Oksana Koltko Rosaluk, DLA Piper LLP (US)
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary
Diego Sierra, Von Wobeser y Sierra SC
This is an extract from the 2020 edition of the Americas Restructuring Review, published by Global Restructuring Review. The whole publication is available here.
In summary