Bankruptcy Client Alerts
| Bankruptcy Court Preserves Insurance Proceeds for the Benefit of MF Global's Officers and Directors May 15, 2012 See full text |
| Circuit Court Opinion Provides Potential New Coverage Defenses to Claims Asserted Against Bankrupt Insured February 28, 2012 See full text |
| Payments to Lead Lender Are Not Avoidable Preferences to Extent of Participation Interests February 13, 2012 See full text |
Extend and Pretend Meets the Great Deleveraging |
| WaMu Plan Denied Confirmation for Second Time September 28, 2011 See full text |
Second Circuit Holds “Gifting” Plan Violates Absolute Priority Rule and Disregards Blocking Vote Cast by Competitor Attempting to Take Control of Debtor |
| Friendly Foreclosure Sales and Other Alternatives to Traditional Chapter 11 Restructurings September 1, 2010 See full text |
| Lehman Brothers Files Revised Plan and Discloses Estimated Recoveries April 20, 2010 See full text |
| Third Circuit Affirms Debtor’s Right to Nix Credit Bidding
in Sale Under Chapter 11 Plan April 5, 2010 See full text |
| The Lehman Brothers Court Changes the Rules on Enforceability of Ipso Facto Clauses, or for Some Related Entities, Ipso for One is Ipso for All March 1, 2010 See full text |
| Avoiding the Prepack Steamroller January 14, 2010 See full text |
| Bankruptcy Court Invalidates $500 Million in Liens Granted to TOUSA’s First and Second Lien Lenders Six Months Before Chapter 11 Filing November 20, 2009 See full text |
| A Not So Merry Christmas for Retailers December 10, 2008 See full text |
| A Bad Time to Enfeeble Free and Clear Bankruptcy Sales: Valid Out-of-the-Money Liens Can’t Be Stripped Away Says One Appellate Court; Buyers and Sellers May Need to Adapt October 22, 2008 See full text |
| Turmoil on Wall Street: Implications for Swap Counterparties September 23, 2008 See full text |
| Credit Crisis Limits Options for Troubled Companies:
The Coming Rise in Distressed M&A May 8, 2008 See full text |
| Swaps and Repos May Exacerbate Financial Distress and Complicate Restructurings for Hedge Funds, Troubled Companies and Municipalities March 12, 2008 See full text |
| Will the Increased Prevalence of Prepackaged Bankruptcies Lead to More Chapter 22s? December 7, 2007 See full text |
| Protecting Employees and Retirees in Business Bankruptcies October 16, 2007 See full text |
Enron District Court Protects Some Transferees of Claims from Equitable Subordination or Disallowance, but Invites Further Litigation Over Modes of Transfer |
| Brave New World: The Ramifications of Softening Loan Covenants and Vanishing Opportunities for Defaults June 26, 2007 See full text |
| Zone of Insolvency Revisited: Delaware Supreme Court Further Restricts Ability of Creditors to Assert Claims for Breach of Fiduciary Duty May 24, 2007 See full text |
| Northwest Rulings May Chill Hedge Fund Participation in
Chapter 11 Cases March 16, 2007 See full text |
| Dividend Recaps: Why Some of Today’s Private Equity Deals May
Become Tomorrow’s Fraudulent Conveyances January 22, 2007 See full text |
| Hostile Takeovers In Chapter 11 Could Be Facilitated By Changing Landscape November 17, 2006 See full text |
| Hedge Fund Implosions: Bankruptcy Ramifications for Counterparties to Financial Contracts September 26, 2006 See full text |
| Rights Offerings Take on a New Role as the Centerpiece in Corporate Reorganizations July 25, 2006 See full text |
| Prepackaged Bankruptcy Filings: A Harbinger of Practice Under the New Law June 6, 2006 See full text |
| Lenders Beware: Deepening Insolvency and Other Pitfalls to Avoid Before the Next Wave of Bankruptcies March 30, 2006 See full text |
| Vultures Beware: Enron Court Holds Transferred Claim Can Be Subordinated Based on Inequitable Conduct of Original Holder February 22, 2006 See full text |
| Information Dissemination and Creditors' Committees February 7, 2006 See full text |
| Absolute Priority Problem: Third Circuit Says No to Gift From Creditor Class to Equity If Co-Equal Creditor Class Objects January 27, 2006 See full text |
| ETRUPS and ECAPS, Egads!: The Insolvency Implications of New Hybrid Debt-Equity Securities January 2006 See full text |
| Second Lien Financings: The Coming Train Wreck November 29, 2005 See full text |
| How the New Bankruptcy Code Will Accelerate the Trend To Conducting 363 Sales: Unsecured Creditors May Be Left With Crumbs October 20, 2005 See full text |
| Third Circuit Reverses Substantive Consolidation of Owens Corning September 2005 See full text |
| How the New Bankruptcy Amendments will Adversely Affect Holders of Distressed Securities May 13, 2005 See full text |
What Health Care Professionals Should Know About The New Bankruptcy Law |
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© 2011-2012 STEVENS & LEE
all rights reserved • disclaimer