A recent decision from the US Bankruptcy Court for the Southern District of New York has drawn a sharp line for real estate owners seeking to use lender cash in bankruptcy.1 In denying Broadway Realty’s motion to access...more
On December 31, 2024, the United States Court of Appeals for the Fifth Circuit (Fifth Circuit) exited 2024 by issuing a pivotal decision in a bankruptcy case that addresses recently utilized refinancing schemes and appears to...more
In In re CII Parent, Inc., the Bankruptcy Court for the District of Delaware affirmed a secured lender’s prepetition exercise of its proxy rights and its subsequent removal and replacement of the directors/managers of the...more
5/12/2023
/ Attorney-in-Fact ,
Automatic Stay ,
Board of Directors ,
Collateral Agreements ,
Commercial Bankruptcy ,
Debt-Equity ,
Equity Investors ,
Lenders ,
Loan Agreements ,
Loan Guaranties ,
Proxy Voting ,
Secured Debt ,
Subsidiaries ,
Voting Rights