Section 363(m) of the Bankruptcy Code protects purchasers of assets in a bankruptcy sale. The provision promotes finality of bankruptcy court orders approving sales and is intended to maximize the value that a debtor or bankruptcy trustee is able to realize in a sale of bankruptcy estate assets by providing third-party purchasers with certainty that the validity of a bankruptcy sale will not be subject to subsequent challenges.
In its decision in In re Brandt, the court seems to draw a clear line: No post-petition add-ons for attorneys’ fees and costs when a secured claim arises from a judgment lien.
The University of Georgia, through the University’s athletic association (UGAA), is seeking damages totaling $390,000 against a former football player, Damon Wilson II, after he elected to transfer to Missouri following the 2024 season. The demand stems from a clause in Wilson’s NIL contract that required him to forfeit the balance of his agreement if he transferred to another school.
Am 4. Februar 2025 wurde der neueste Entwurf des geänderten Konkursgesetzes („Entwurf“) vom Obersten Volksgerichtshof („SPC“) zur öffentlichen Stellungnahme veröffentlicht. Der Entwurf soll das geltende Konkursgesetz Nr. 51/2014/QH13 vom 19. Juni 2014 („Konkursgesetz 2014“) ersetzen und führt mehrere wesentliche Änderungen ein, die sich auf die Konkursverfahren auswirken können, die auf der Umsetzung des Konkursgesetzes 2014 ab seinem Inkrafttreten bis heute basieren. Die erste Frist für öffentliche Stellungnahmen läuft bis zum 25.
Le 4 février 2025, le dernier projet de loi amendée sur la faillite (« le Projet de loi ») a été publié par la Cour populaire suprême (« CPS ») pour consultation publique. Le Projet de loi est censé remplacer la loi actuelle sur la faillite n°51/2014/QH13 du 19 juin 2024 (« Loi sur la faillite de 2014 ») et introduit plusieurs changements significatifs qui pourraient impacter les procédures de faillite, se basant sur la mise en œuvre de la Loi sur la faillite de 2014 depuis son entrée en vigueur.
On 4 February 2025, the latest Draft of the Amended Law on Bankruptcy (“Draft”) was published by the People’s Supreme Court (“SPC”) for public comments. The Draft is prepared to supersede the current Law on Law on Bankruptcy No. 51/2014/QH13 dated 19 June 2014 (“Bankruptcy Law 2014”) and introduces several significant changes that may impact the bankruptcy procedures based on the implementation of the Bankruptcy Law 2014 from its effective date until now.
In deze blog signaleren wij kort enkele belangwekkende bestuursrechtelijke en omgevingsrechtelijke uitspraken van de afgelopen periode.
Hoge Raad: regeling proceskostenvergoeding voor fiscale bezwaarprocedures mogelijk in strijd met discriminatieverbod (art. 1 Grondwet)
Financial restructurings are becoming increasingly common in the current financial climate, also in the Netherlands. Since the implementation of the Dutch scheme of arrangement on 1 January 2021, a relatively new tool to restructure debts of Dutch corporate entities in order to prevent their insolvency is available in the Netherlands. Under the Dutch scheme of arrangement, a creditors composition is binding on all creditors if a sufficient number of (classes of) creditors vote in favour of the scheme. In principle, the preferential order of priority for secured creditors, e.g.
The Dutch Supreme Court handed down a judgment (ECLI:NL:HR:2023:1751) on 15 December 2023 clarifying whether agreements entered into by a bankruptcy trustee with the approval of the supervisory judge can be affected by an application under Article 69 of the Dutch Bankruptcy Act (DBA).
De Tijdelijke wet transparantie turboliquidatie (“TWTT”) omvat de tijdelijke aanpassing van de wettelijke regeling omtrent turboliquidatie in Boek 2 BW en is gefaseerd in werking getreden op 15 november 2023. De maatregelen die zijn opgenomen in de TWTT zijn van tijdelijke aard en gelden in beginsel voor een periode van twee jaar na de inwerkingtreding, te weten tot 15 november 2025.