USA | Global Insolvency

Recent Seventh and Ninth Circuit cases affect federal equity receiverships

01 February 2012

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Third circuit reaffirms viability of deepening insolvency claim

01 February 2012

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Decision favors secured creditors in single asset real estate bankruptcy cases

01 February 2012

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Delaware Supreme Court curtails rights of creditors to bring derivative suits against insolvent Delaware LLCs

01 February 2012

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Potential creditor's claim appeal is moot once property is sold pursuant to approved liquidation plan

02 February 2012

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Madoff trustee seeks summary judgment with respect to fictitious profits, Mets' owners with respect to principal repayments -- "Jack Sprat" approach could resolve entire case

02 February 2012

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Pennsylvania Federal Court salvages customer lists as basis for UTSA claim, but shreds liquidated damages provision and rejects fiduciary claim

03 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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