October 04, 2018 | The Legal Intelligencer
Court: New Value Need Not Remain Unpaid to Limit Preference LiabilityIn Kaye v. Blue Bell Creameries (In re BFW Liquidation), 899 F.3d 1178 (11th Cir. 2018), the U.S. Court of Appeals for the Eleventh Circuit found that a liability for an allegedly preferential transfer may be reduced by the amount of new value given, regardless of whether that new value has already been repaid by the debtor before its bankruptcy filing.
By Rudolph J. Di Massa, Jr. and Drew S. McGehrin
8 minute read
April 02, 2018 | The Legal Intelligencer
Second Circuit Court Declines to Enforce Arbitration ClauseIn Anderson v. Credit One Bank, Case No. 16-2496 (2d Cir., March 7), the U.S. Court of Appeals for the Second Circuit affirmed decisions of both the District and Bankruptcy Courts for the Southern District of New York in addressing the enforceability of arbitration clauses in bankruptcy proceedings.
By Rudolph J. Di Massa, Jr. and Drew S. McGehrin
7 minute read
April 04, 2017 | The Legal Intelligencer
Structured Dismissals in Deviation of Bankruptcy Code Priority SchemeIn Czyzewski v. Jevic Holding, 580 U.S. __ (2017), decided on March 22, the U.S. Supreme Court held that, without the consent of impaired creditors, a bankruptcy court cannot approve a "structured dismissal" that provides for distributions deviating from the ordinary priority scheme of the Bankruptcy Code.
By Rudolph J. Di Massa Jr. and Drew S. McGehrin
15 minute read
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