USA | Global Insolvency

New bankruptcy rules require additional documentation and notification from mortgage holders and servicers in individual debtor and Chapter 13 cases

07 February 2012

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Administrative creditor had no claim to assets that were not estate property

08 February 2012

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The Pennsylvania Commonwealth Court approves liquidation of First Sealord Surety Insurance, and bonds issued by this surety will terminate within 30 days

09 February 2012

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Fee award rendered against prisoner for maintaining frivolous litigation is not subject to discharge under the Federal Bankruptcy Code

09 February 2012

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Ninth Circuit issues a bankruptcy opinion favorable to lenders to SPEs

09 February 2012

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Justice department claims $25 billion foreclosure settlement reached with largest mortgage servicers

10 February 2012

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Commercial division clarifies limits of choice of law provision in indentures

13 February 2012

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The Delaware Bankruptcy Court confirms that lenders in multiple-level financing structures are entitled to the protections of corporate separateness

03 February 2012

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New York court addresses impact of allowing insured to default

03 February 2012

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Chapter 7 trustee in ManagedStorage (aka Incentrix Solutions) files preference actions

05 February 2012

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