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

Salus Demands Hearing On Its 'Superior' RadioShack Bid

March 26, 2015

Source: Law360

RadioShack Corp. lender Salus Capital Partners LLC on Wednesday urged the judge handling the retailer’s bankruptcy auction to block lawyers from accepting fellow creditor Standard General LP's $128 million offer and rejecting a “materially superior” liquidation bid from Salus. Read this article.

Feds Float Storied Litigator For Caesars Ch. 11 Examiner

March 24, 2015

Source: Law360

Federal bankruptcy monitors on Monday asked the Illinois judge presiding over Caesars Entertainment Operating Corp.'s contentious bankruptcy to appoint former assistant Watergate prosecutor Richard J. Davis to serve as the examiner charged with investigating the bankrupt gaming company's dealings with its private equity-owned parent. Read this article.

RadioShack Heads To Auction With Slimmer Stalking Horse

March 20, 2015

Source: Law360

RadioShack Corp. told a Delaware bankruptcy judge Thursday it plans to proceed with an auction next week now that suitors have stepped up to compete with stalking horse Standard General LP, whose recently reduced offer is the only one that seeks to preserve part of the business. Read this article.

Ergen Cash-Out Paves Way For LightSquared Ch. 11 Exit

March 18, 2015

Source: Law360

LightSquared Inc. announced a groundbreaking deal Thursday to obtain $1.52 billion in fresh financing and pay off Charlie Ergen, the bankrupt wireless venture's largest single creditor, to bring its contentious and costly three-year bankruptcy to an end. Read this article.

EFH Bond Trustee Sues To Control Interest Payouts

March 17, 2015

Source: Law360

A trustee for senior Energy Future Holdings Corp. bondholders brought a lawsuit in New York state court Friday in a bid to dictate the allocation of the bankrupt power giant’s post-petition interest payments among certain first-lien creditors. Read this article.

Dewey Execs Aim To Curb Email, Backdating Evidence At Trial

March 16, 2015

Source: Law360

The ex-leadership of Dewey & LeBoeuf LLP on Friday pressed a New York judge to limit prosecutors’ attempts to introduce certain evidence at their upcoming trial on charges of cooking the firm’s books before its collapse, including emails about purported fake billing and evidence about one executive’s knowledge of illegal check-backdating. Read this article.

Trump Resorts Gets Nod For Plan Handing Taj Mahal To Icahn

March 13, 2015

Source: Law360

A Delaware bankruptcy judge blessed Trump Entertainment Resorts Inc.'s proposed restructuring on Thursday, confirming a Chapter 11 plan that will see billionaire Carl Icahn take the reins of the Atlantic City casino operator in a nearly $300 million debt-for-equity swap. Read this article.

Freddie Mac Grows $1.3B Taylor Bean Suit Against Deloitte

March 11, 2015

Source: Law360

Freddie Mac has expanded accusations that Deloitte & Touche LLP failed to flag the fraud that brought down Taylor Bean & Whitaker Mortgage Corp., according to a complaint unsealed Monday that demands punitive damages on top of the $1.3 billion Freddie Mac allegedly lost. Read this article.