The Second Circuit recently issued an important decision on a “related to” jurisdiction case arising out of the Bernie Madoff Ponzi scheme. SPV Osus, Ltd. v. UBS AG, 2018 U.S. App. LEXIS 3088 (2d Cir. Feb. 9, 2018).
USA, Banking, Insolvency & Restructuring, Litigation, Patterson Belknap Webb & Tyler LLP, LexisNexis, Second Circuit
Until recently the oil and gas sector has not been on the restructuring communities radar. However, last year global oil prices hit an all-time low, which led to a record number of insolvencies in the industry. Consequently in conjunction with Lexis Nexis we have produced the Guide to insolvency in the UK oil and gas industry.
United Kingdom, Energy & Natural Resources, Insolvency & Restructuring, Squire Patton Boggs, Natural gas, Joint venture, Fossil fuel, Economy, Default (finance), LexisNexis