USA | Global Insolvency

Junior lien holder bankruptcy stays foreclosure by senior lien holder

27 April 2009

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GM seeks to convert Treasury debt to equity; UAW encourages rejection of GM restructuring plan

06 May 2009

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Delaware State Court: D&O insurer waived its right to hearing on reasonableness of insured’s reimbursement requests

05 May 2009

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Bankruptcy court approves $4.1 billion DIP facility for Chrysler

05 May 2009

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Chrysler bankruptcy judge approves GMAC as preferred lender for dealers

13 May 2009

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Seventh Circuit holds that bankruptcy court improperly reduced oversecured lenders’ claim

13 May 2009

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Decision casts doubt on effectiveness of "free and clear" sales under 11 U.S.C. § 363

12 May 2009

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Recent significant commercial bankruptcy filings

12 May 2009

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AIG posts $4.35 billion first quarter loss

11 May 2009

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General Growth Properties bankruptcy court defers final ruling on cash collateral, cash management and DIP financing issues

11 May 2009

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