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    Northern District of Illinois Examines Law on Fraudulent Transfer, Recharacterization and Equitable Subordination
    2015-12-14

    Filed under:
    USA, Illinois, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, US District Court for Northern District of Illinois
    Authors:
    Brenda L. Funk
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Delaware bankruptcy court addresses when, if ever, unsecured creditors are entitled to postpetition interest in chapter 11 (part 2)
    2015-11-16

    This is the second post in our series on 

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Debtor, Unsecured debt, Interest, United States bankruptcy court
    Authors:
    Scott Bowling
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Bankruptcy court holds that same-sex couples in registered domestic partnerships are not “spouses”
    2015-10-22

    (Although it is not typically our practice to analyze personal bankruptcy cases if the issues do not also arise in corporate bankruptcy practice, we report on the decision discussed below because it involves the intersection of bankruptcy law and a particularly topical issue – same-sex marriages and domestic partnerships.)

    Filed under:
    USA, California, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Safe no more? Court vacates opinion safe harboring REMIC payments
    2015-09-28

    We recently blogged about a decision from the U.S.

    Filed under:
    USA, Illinois, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
    Authors:
    Debora Hoehne
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Known or unknown? Third Circuit questions standing in New Century appeal
    2015-08-18

    In the latest chapter of the New Century bankruptcy cases, the Court of Appeals for the Third Circuit vacated a district court’s decision on the sufficiency of the debtors’ publication notice and remanded the case back to the district court to determine the critical issue of whether the plaintiff-appellees were known creditors entitled to actual notice. 

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Debtor, Standing (law), United States bankruptcy court, Third Circuit
    Authors:
    Debora Hoehne
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    SDNY sides with Fifth Circuit and the UNCITRAL Model Law when granting recognition to OAS S.A. et al.
    2015-07-27

    On July 13, 2015, the Bankruptcy Court for the Southern District of New York issued its decision in In re OAS S.A. et al.

    Filed under:
    USA, New York, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Arbitrate? You Can’t Make Me! Rejection Trumps Arbitration, Says Texas Bankruptcy Court
    2022-01-13

    Overview

    Filed under:
    USA, Arbitration & ADR, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
    Authors:
    Ronit J. Berkovich
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    No Setoff Here: Third Circuit Resolves Triangular Setoff Debate Once and for All
    2021-04-03

    Introduction

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
    Authors:
    Matt Barr , Ryan C. Rolston
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    European Restructuring Watch Alert: Extension of Restrictions on Statutory Demands, Winding up and Forfeiture to 31 March 2021
    2020-12-09

    On 9 December 2020, the UK government gave businesses muchneeded breathing space with an extension of insolvency measures. 

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Coronavirus
    Authors:
    Natasha Ayres
    Location:
    United Kingdom
    Firm:
    Weil Gotshal & Manges LLP
    Fraudulent Transfer Claims Avoid State Sovereign Immunity, But Only If a Property Interest Exists Under State Law
    2020-01-31

    In a recent decision, In re Philadelphia Entertainment and Development Partners, L.P., No. 14-000255-mdc (Bankr. E.D. Pa. Dec. 31, 2019), the Bankruptcy Court for the Eastern District of Pennsylvania held that state sovereign immunity does not prevent bankruptcy courts from hearing fraudulent transfer claims against states.

    Filed under:
    USA, Pennsylvania, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Debtor
    Authors:
    Ronit J. Berkovich , Patrick Feeney
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP

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