The number of corporate Chapter 11 filings in the United States remained relatively low in 2019. An estimated 6,000 business bankruptcies were filed (based on the data available at the time of writing), which, if it holds up...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On August 10, 2017, the U.S. Supreme Court rescinded the grant of certiorari in PEM Entities LLC v. Levin on the grounds that review had been “improvidently granted.”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