USA | Global Insolvency

Bankruptcy judge approves procedures to facilitate claw back litigation against Madoff investors

24 November 2010

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During hearing to consider Ambac’s rehabilitation plan, insurance regulator reveals that liquidation of the bond insurer was considered

23 November 2010

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Delaware court interprets LLC Act to bar derivative suit by creditor of insolvent LLC

23 November 2010

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Bankruptcy trustee in Eclipse Aviation files preference actions

30 November 2010

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Can second lien lenders be heard in connection with a 363 sale? The answer in Boston Generating is a resounding “yes.”

30 November 2010

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Delaware court bars creditors' derivative claims against insolvent LLC

29 November 2010

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In a case of first impression, the circuit court determines that a trustee of a securitized investment pool is a ‘transferee’ in a preference action

01 December 2010

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The Donald Trumps Icahn - intercreditor agreement restrictions on junior lenders not controlling in consideration of approval of nonconsensual reorganization plan

01 December 2010

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Funds ‘earmarked’ for bondholders not property of the estate and not subject to avoidance

01 December 2010

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Creditors of insolvent subsidiaries may bring derivative actions against parent company’s officers and directors for breach of fiduciary duties

01 December 2010

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