Litigation | Global Insolvency

Court finds city of Detroit eligible for bankruptcy in US history's largest municipal bankruptcy

13 December 2013

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Delaware Supreme Court holds that dissolution statutes do not extinguish a dissolved corporation’s potential liability to third parties

13 December 2013

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Detroit, Michigan, eligible to file Chapter 9 bankruptcy

13 December 2013

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Appeals of Detroit’s bankruptcy eligibility may proceed directly to Sixth Circuit

16 December 2013

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Second Circuit holds that chapter 15 debtors must satisfy eligibility requirements of section 109(a) of the Bankruptcy Code in order to be eligible for relief

17 December 2013

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Delaware Supreme Court holds receiver is required to defend lawsuits after a corporation is wound-up; finds no generally applicable statute of limitation for claims against a dissolved corporation

11 December 2013

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Fourth Circuit addresses protections for us IP licenses in case under chapter 15 of the Bankruptcy Code

11 December 2013

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Delaware Chancery Court evaluates ‘public, commercially reasonable’ foreclosure sale under UCC

11 December 2013

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Parent obligor can pledge subsidiary’s collateral with subsidiary’s knowledge and consent

11 December 2013

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Legal drama in the Motor City: Detroit is eligible to commence a Chapter 9 case

12 December 2013

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