USA | Global Insolvency

Delaware Bankruptcy Court refuses to grant administrative claim status to employee WARN Act claims

31 December 2008

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Bankruptcy Court: parties may not contract around mutuality requirement to circumvent prohibition against triangular setoffs

14 January 2009

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Second Circuit affirms dismissal of insureds' constructive trust counterclaim over reinsurance bankruptcy settlement proceeds

13 January 2009

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United States Bankruptcy Court for the Southern District of New York issues highly anticipated opinion discussing a debtor’s liability for post-petition rent during the first month of a bankruptcy case

12 January 2009

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Non-parties enjoined from filing bankruptcy petitions against entities in receivership

09 January 2009

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Chapter 11 permits modification and extension of loans without consent of the lender

09 January 2009

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Going-out-of-business sale: dealing with troubled companies - does purchasing assets avoid seller liabilities?

09 January 2009

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Citigroup announces support for mortgage bankruptcy reform act

09 January 2009

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Fifth Circuit Court of Appeals: insured can recover damages for mental anguish under Louisiana bad faith statute where insurer acted in bad faith by delaying payments

09 January 2009

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Citibank to support bankruptcy reform

09 January 2009

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