The Ad Hoc Group of Senior Secured Noteholders and DIP Lenders (the “Ad Hoc Group”) obtained a unanimous judgment in their favor in an appeal following Sanchez Energy Company’s long-running, hard-fought bankruptcy case. Once...more
7/24/2025
/ Appeals ,
Bankruptcy Code ,
Bankruptcy Court ,
Borrowers ,
Chapter 11 ,
Chapter 15 ,
Commercial Bankruptcy ,
Creditors ,
Debt ,
Debt Restructuring ,
Debtors ,
Delinquent Borrowers ,
Lenders ,
Multinationals ,
Reorganizations ,
Sale of Assets ,
Secured Debt
In 1984 and 1994, Congress amended the Bankruptcy Code to add protections for commercial real property and equipment lessors. Those provisions—sections 365(d)(3) and section 365(d)(5), respectively—generally require a...more
7/23/2025
/ Appeals ,
Appellate Courts ,
Bankruptcy Code ,
Bankruptcy Court ,
Billing ,
Commercial Bankruptcy ,
Commercial Leases ,
Contract Terms ,
Creditors ,
Debtors ,
Debtors-in-Possession ,
Popular ,
Section 365
The ability of a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP") to assume and assign executory contracts and unexpired leases is an invaluable tool for generating value for a bankruptcy estate to pay creditor...more
3/28/2025
/ Appeals ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Commercial Leases ,
Creditors ,
Debtors-in-Possession ,
Landlords ,
Real Estate Transactions ,
Tenants