A survey of recent rulings by judges from the bankruptcy courts for the Southern District of New York and the District of Delaware suggests that judges in these districts have very different views about the nature and extent...more
On August 10, 2017, the U.S. Supreme Court rescinded the grant of certiorari in PEM Entities LLC v. Levin on the grounds that review had been “improvidently granted.” The case seemingly provided a perfect vehicle to resolve...more
9/20/2017
/ Bankruptcy Court ,
Chapter 11 ,
Corporate Restructuring ,
Debt Restructuring ,
Debt-Equity ,
Denial of Certiorari ,
Equitable Reformation ,
Federal v State Law Application ,
Petition for Writ of Certiorari ,
Recharacterization ,
SCOTUS ,
Secured Debt ,
Split of Authority ,
Standard of Review