To encourage vendors and other creditors to continue doing business with financially distressed entities, the Bankruptcy Code includes various defenses to litigation brought by a bankruptcy trustee or chapter 11...more
Bankruptcy and appellate courts disagree over the standard that should apply to a request for payment of a break-up fee or expense reimbursement to the losing bidder in a sale of the debtor’s assets outside the ordinary...more
Courts disagree as to whether the amount that a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP") can recover in fraudulent transfer avoidance litigation should be capped at the total amount of unsecured claims...more
2/5/2018
/ Acquisitions ,
Bankrtupcy Code Section 550 ,
Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Commercial Real Estate Contracts ,
Debtor-Creditor ,
Debtors-in-Possession ,
Fraudulent Transfers ,
Mergers ,
Trustees ,
UFTA