Michael J Venditto

June 08, 2018 | New York Law Journal

There are no absolute protections against the downside risk in any transaction. This is especially the case in cross-border transactions that span multiple jurisdictions. Nevertheless, some careful planning and drafting can improve the prospects for the outcome.

By Michael J. Venditto

1 minute read

September 14, 2015 | New York Law Journal

Michael J. Venditto and Sarah K. Kam of Reed Smith write: With economic distress roiling the shipping industry, a number of foreign-based ship owners have sought refuge in the U.S. bankruptcy courts. Their use of the U.S. legal system is ironic since many foreign fleet owners structure their businesses to avoid subjecting themselves to our regulatory and tax jurisdiction.

By Michael J. Venditto and Sarah K. Kam

13 minute read

September 11, 2015 | New York Law Journal

Michael J. Venditto and Sarah K. Kam of Reed Smith write: With economic distress roiling the shipping industry, a number of foreign-based ship owners have sought refuge in the U.S. bankruptcy courts. Their use of the U.S. legal system is ironic since many foreign fleet owners structure their businesses to avoid subjecting themselves to our regulatory and tax jurisdiction.

By Michael J. Venditto and Sarah K. Kam

13 minute read

September 23, 2013 | New York Law Journal

Michael J. Venditto, a partner at Reed Smith, writes: Utilizing the Bankruptcy Code to restructure real estate assets has always presented unique challenges for bankruptcy lawyers. When the peculiarities of real estate financing collide with the Bankruptcy Code, the results can be unpleasant. The confluence of current economic and court trends is not likely to have an immediate impact on the dynamics of real estate Chapter 11 cases.

By Michael J. Venditto

13 minute read

September 08, 2008 | New York Law Journal

Michael J. Venditto, a partner at Reed Smith, writes that the post-confirmation grantor trust, which enables a debtor to distribute illiquid assets such as litigation claims assets to its creditors, has been among the tried-and-true tools used to expedite confirmation of plans in complex Chapter 11 cases. Ironically, however, while debtors are increasingly under pressure to minimize the time between filing and confirmation, some recent decisions have demonstrated antipathy, if not hostility, to the litigation prosecuted by these trusts.

By Michael J. Venditto

13 minute read