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Debtors › Employee Retirement Income Security Act (ERISA) › Bankruptcy Code

Herbert Smith Freehills Kramer

Pension Plan Withdrawal Liability Takes Center Stage in Bankruptcy Judge's "Preliminary Observations"

Herbert Smith Freehills Kramer on

A recent decision from the Bankruptcy Court for the District of Delaware in In re Yellow Corp. could have widespread implications for bankruptcy cases, including municipal bankruptcy cases. Of particular interest, the Judge...more

Jones Day

Debtor Can Sell Assets Free and Clear of Successor Liability Claims Asserted by Union Pension Funds

Jones Day on

The ability of a bankruptcy trustee or chapter 11 debtor-in-possession to sell assets of the bankruptcy estate "free and clear" of "any interest in property" asserted by a non-debtor is an important tool designed to maximize...more

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