Reed Smith LLP | Global Insolvency

Defense of imputation of an agent’s bad conduct to its principal clarified in Pennsylvania; independent auditor at risk for $1 billion in damages

13 September 2010

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USA

Sellers beware - unauthorized payments from ‘cash collateral’ will be avoided

13 September 2010

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USA

An LLC member/manager is an ‘insider,’ so that payments are preferential transfers subject to avoidance up to one year prior to bankruptcy filing

13 September 2010

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USA

Landlord’s corner

13 September 2010

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USA

Court breaks from majority rule, granting retirees post-petition rights greater than pre-petition rights

13 September 2010

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USA

Broader economic woes may have played a part in the court’s decision to dismiss allegations of lender overreaching

13 September 2010

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USA

Risk losing your first priority lien if you provide superfluous information in the UCC financing statement

13 September 2010

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USA

Sanctions awarded under the bankruptcy court’s ‘inherent authority’

13 September 2010

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Texas district court affirms the contractual default interest rate where the debtor is solvent

13 September 2010

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USA

Landlords successful in obtaining stub rent as an administrative expense under Section 503

13 September 2010

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USA