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    The 5th edition of the Bankruptcy Deadline Checklist, authored by Norman Pernick and edited by David Dean and Jonathan Grasso, has just been released by the American Bar Association
    2016-06-02

    The Bankruptcy Deadline Checklist is a quick reference guide for those who handle bankruptcy cases including judges, lawyers, paralegals, credit managers, collection agents, professors, law students, and others.

    Filed under:
    USA, Insolvency & Restructuring, Cole Schotz PC, Bankruptcy, American Bar Association
    Authors:
    Norman L. Pernick , G. David Dean , Jonathan A. Grasso
    Location:
    USA
    Firm:
    Cole Schotz PC
    Deputy director Dafny: FTC focuses on diversion ratios, not geographic markets for hospital mergers
    2012-10-04

    During an American Bar Association (ABA) program on antitrust and health care issues on October 1, 2012, U.S. Federal Trade Commission (FTC) Deputy Director for Health Care and Antitrust, Leemore Dafny, said that the FTC will focus on how patients purportedly react to price increases, as measured by "diversion ratios," when deciding which hospital mergers to investigate further for potential anticompetitive effects. 

    Filed under:
    USA, Competition & Antitrust, Healthcare & Life Sciences, Insolvency & Restructuring, McDermott Will & Emery, Federal Trade Commission (USA), American Bar Association
    Authors:
    Stephen Wu
    Location:
    USA
    Firm:
    McDermott Will & Emery
    ABA interim report on ESI in bankruptcy cases
    2012-06-28

    On March 15, 2012, the American Bar Association’s Electronic Discovery (ESI) in Bankruptcy Working Group (the “Working Group”) published an interim report addressing certain principles and suggested best practices for electronic discovery in bankruptcy cases (the “Interim Report”). The Working Group was formed to study and prepare guidelines or a “best practices” report on the scope and timing of a party’s obligation to preserve ESI in bankruptcy cases.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Winston & Strawn LLP, Bankruptcy, Liquidation, eDiscovery, American Bar Association
    Authors:
    Melinda Lackey , Anna Lamut , Martin Geagan
    Location:
    USA
    Firm:
    Winston & Strawn LLP
    First Circuit holds that junior creditors could be paid before senior creditors received post-petition interest
    2011-07-06

    The U.S. Court of Appeals for the First Circuit held on June 23, 2011, that junior creditors could receive a distribution over the objection of senior creditors who claimed they were entitled to post-petition interest under contractual subordination provisions. In re Bank of New England Corporation, ___ F.3d ___, 2011 WL 2476470 (1st Cir. June 23, 2011). In reaching its decision, based on the bankruptcy court's fact findings, the court stressed "that the parties did not intend to subordinate the Junior Noteholders to post-petition interest."Id. at *5.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Debtor, Interest, Federal Reporter, Debt, Remand (court procedure), American Bar Association, Trustee, Second Circuit, United States bankruptcy court, Eleventh Circuit, First Circuit
    Authors:
    Michael L. Cook
    Location:
    USA
    Firm:
    Schulte Roth & Zabel LLP
    The 5th edition of the Bankruptcy Deadline Checklist, authored by Norman Pernick and edited by David Dean and Jonathan Grasso, has just been released by the American Bar Association
    2016-06-02

    The Bankruptcy Deadline Checklist is a quick reference guide for those who handle bankruptcy cases including judges, lawyers, paralegals, credit managers, collection agents, professors, law students, and others.

    Filed under:
    USA, Insolvency & Restructuring, Cole Schotz PC, Bankruptcy, American Bar Association
    Authors:
    Norman L. Pernick , G. David Dean , Jonathan A. Grasso
    Location:
    USA
    Firm:
    Cole Schotz PC
    First Circuit holds that junior creditors could be paid before senior creditors received post-petition interest
    2011-07-06

    The U.S. Court of Appeals for the First Circuit held on June 23, 2011, that junior creditors could receive a distribution over the objection of senior creditors who claimed they were entitled to post-petition interest under contractual subordination provisions. In re Bank of New England Corporation, ___ F.3d ___, 2011 WL 2476470 (1st Cir. June 23, 2011). In reaching its decision, based on the bankruptcy court's fact findings, the court stressed "that the parties did not intend to subordinate the Junior Noteholders to post-petition interest."Id. at *5.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Debtor, Interest, Federal Reporter, Debt, Remand (court procedure), American Bar Association, Second Circuit, United States bankruptcy court, Eleventh Circuit, First Circuit, Trustee
    Authors:
    Michael L. Cook
    Location:
    USA
    Firm:
    Schulte Roth & Zabel LLP
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