The Bankruptcy Law Review is a collaboration of expert legal practitioners and academicians who write about both the legal and public policy aspects of corporate bankruptcy law.

Welcome to Bankruptcy Law Review

Welcome to Bankruptcy Law Review

BankruptcyLawReview.com is the result of a collaboration among leading legal experts and academicians in the area of Bankruptcy Law, including emphasis on the issues of fraudulent conveyances, preferences, and former officer, director, and shareholder liability. These legal matters have risen in importance among practitioners, judges, governments, corporate leaders and the public in recent years, creating an increased demand for current and authoritative law articles addressing them. The authors of Bankruptcy Law Review have set forth to contribute their knowledge on the subject and, in so doing, highlight their expertise in this very relevant area of the law.

News

EFH Floats Ch. 11 Plan To Restructure $42B In Debt

April 15, 2015

Source: Law360

Energy Future Holdings Corp. unveiled a proposal for a Chapter 11 plan in court Tuesday to restructure its $42 billion in debt that would include the tax-free spinoff of subsidiary Texas Competitive Electric Holdings Co. LLC and the settlement of roughly $800 million in intercompany claims. Read this article.

Allied Nevada Shareholders Emerge As Ch. 11 Players

April 14, 2015

Source: Law360

Shareholders of Allied Nevada Gold Corp. gained traction to challenge terms of the mining outfit’s bondholder-supported debt restructuring after government bankruptcy monitors gave formal approval Friday to the formation of a rare Chapter 11 equity committee. Read this article.

Aviva Targets More Dewey Execs Over $35M Note Fraud

April 13, 2015

Insurer Aviva Life and Annuity Co. set its sights on yet another group of former Dewey & LeBouef LLP executives on Friday, filing its third suit in Iowa federal court claiming it was misled about the firm’s finances when it bought $35 million in secured notes. Read this article.

Chinese Bond Market Faces 1st Principal Default

April 8, 2015

Source: Law360

A troubled restaurant chain turned technology company said it could not make debt repayment commitments in what Chinese state media on Tuesday called the country's first deposit payment default of publicly issued bonds. Read this article.

Argentina Takes $2.3B Bond Payment Row To 2nd Circ.

April 7, 2015

Source: Law360

Argentina on Monday appealed a New York federal court's order that blocked Citibank NA from forwarding the country’s intended payments on a $2.3 billion basket of bonds, two weeks after the court allowed Citibank to pass on the payments anyway as it exited the custody business in Argentina. Read this article.

Ch. 13 Plans Trump Claim Erasures, 1st Circ. Says

April 6, 2015

Source: Law360

A federal bankruptcy appellate court elected to let a Rhode Island credit union retain five years worth of disbursements received in error under a flawed Chapter 13 bankruptcy plan, giving the confirmed plan priority over a subsequent court order expunging the lender’s claim. Read this article.

Revel Wins Nod For $82M Casino Sale To Straub

April 3, 2015

Source: Law360

A New Jersey bankruptcy judge blessed the $82 million sale of Revel AC Inc. to real estate tycoon Glenn Straub on Thursday, spurning requests to delay a ruling so other parties could formulate offers for the shuttered Atlantic City casino. Read this article.

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Deal To Keep RadioShack Alive Wins Bankruptcy Court OK

April 1, 2015

Source: Law360

A Delaware bankruptcy judge agreed Tuesday to wave through RadioShack Corp.'s sale to creditor and shareholder Standard General LP, which aims to keep open more than 1,700 stores and preserve 7,500 jobs, over the objections of several lender constituencies that pressed against the deal during a four-day court hearing. Read this article.