Type: Newsletters, Restructuring & Insolvency Newsletter
Note from Peter S. Clark, II (CR&B Practice Group Leader):
Welcome to the February 2015 issue of the CR&B Alert, the newsletter produced by Reed Smith's Commercial Restructuring & Bankruptcy Group. Please share your feedback and ideas. We appreciate the opportunity to serve you.
In this Issue:
- Minority Holders Gain Leverage Through Recent Interpretation of Trust Indenture Act
- New Jersey Joins Number of States Creating Specialty Business Courts
- Credit Bid Rights Bolstered in Tennessee Bankruptcy Court Decision
- Make-Whole Premium Denied, and Cramdown of Below-Market Interest Rate Notes Allowed
- More from MPM Silicones - Junior Lienholders’ Actions Were Consistent with Their Rights under an Intercreditor Agreement
- IRS Obtains Equitable Subordination of PIK Notes
- Creditor Entitled to Full Value of Services in ‘New Value’ Defense to Preference Action
- Construction Lender’s Failure to Notify Builder of Financial Insufficiencies Does Not Warrant Equitable Subordination
- Drop-Shipped Goods are Not ‘Received’ by the Debtor and Thus Not Entitled to Administrative Priority
- Does a Bank Violate the Automatic Stay by Freezing an Individual Bankrupt’s Account on the Filing of a Chapter 7 Petition?
- ‘Officer’ Indemnification Case Under Delaware Law May Provide Bankruptcy Code ‘Insider’ Insights
- ‘Deemed Acceptance’ Deemed Acceptable for Cramdown, But Not for Section 1129(a)(10) ‘Actual Acceptance’
- Trustee’s Theory of Unreasonably Small Capital Fails in Constructively Fraudulent Avoidance Action
- Deepening Insolvency Not a Claim Under Texas Law
- Attempt to Re-litigate State Court Decision Before Bankruptcy Court Results in Dismissal
- Structured Dismissal Approved When in the Interests of the Creditors
- Counsel’s Corner: News from Reed Smith
Download the .PDF below to learn more.