Minority senior secured lenders in syndicated deals rely on, among other provisions, the "sacred right" protections contained in the credit documents to protect the benefit of their bargained-for agreement: primarily, that...more
3/11/2025
/ Bankruptcy Court ,
Chapter 11 ,
Contract Terms ,
Creditors ,
Debt Collection ,
Debtors ,
Distressed Debt ,
Lenders ,
Liability ,
Loan Agreements ,
Restructuring ,
Syndicated Loans
• In Mission Product Holdings Inc. v. Tempnology LLC, the U.S. Supreme Court holds that rejection through U.S. Bankruptcy Code Section 365 does not terminate a trademark licensee's right to use a licensed trademark. The...more
5/28/2019
/ Bankruptcy Appellate Panel (BAP) ,
Bankruptcy Code ,
Breach of Contract ,
Commercial Bankruptcy ,
Debtors ,
Exclusions ,
Executory Contracts ,
IP License ,
Mission Product Holdings Inc v Tempnology LLC ,
Rescission ,
Reversal ,
SCOTUS ,
Section 365 ,
Split of Authority ,
Trademark Licenses ,
Trademarks ,
Trustees
Judge Christopher S. Sontchi of the U.S. Bankruptcy Court for the District of Delaware (Court) issued a decision on Feb. 28, 2017, that has important – and positive – significance for Native American tribal governments, their...more
3/22/2017
/ Avoidance ,
Casinos ,
Chapter 11 ,
Commercial Bankruptcy ,
Debtors ,
Motion to Dismiss ,
Native American Issues ,
Preferential Transfers ,
Sovereign Immunity ,
Tribal Corporations ,
Tribal Governments ,
Trustees