Irish Times World Leaders Agree to Boost Aid for Agriculture Voice of America World leaders at a UN summit on food security in Rome are vowing to take “urgent action” to eliminate global hunger. But they did not agree in their final declaration to a UN request for $44 …
Also tagged america, are-vowing, eliminate-global, final, food-security, irish-times, leaders, request-forWith increasing frequency, financial restructurings are being implemented via a variety of distressed M&A transactions: Section 363 asset sales, Chapter 11 plans, acquisitions in connection with cross-border insolvency proceedings or out-of-court transactions. This Commentary d
Also tagged asset-sales, bryan-road, chapter, during-the-course, financial-restructurings, given-the-plain, increasing-frequency, insolvency-proceedings, plain-language, retain-jurisdiction, strong-minority, the-automaticMay a bankruptcy judge question the presumption that a debtor’s place of registration is its centre of main interests if the debtor has met the requirements for recognition of a foreign proceeding as a foreign main proceeding under 11 U.S.C. § 1517(a)(2) and (3) and there are no objections to the debtor’s chapter 15 petition? In a January 16, 2008 ruling, a U.S
Also tagged district-court, foreign-main, guaranty, judge, lexis, pension, presumption, question, sixth-circuit, the-affirmative, the-debtor, thirty-yearsIt has long been a controversial practice for a bankruptcy court to enforce a waiver of the automatic stay in a bankruptcy case–especially when the waiver has not been entered into during the course of a previous chapter 11 plan.
Also tagged bryan-road, during-the-course, given-the-plain, plain-language, retain-jurisdiction, strong-minority, the-automatic, the-waiver, waiverThe courts of appeals do not agree on the standard for issuing an injunction to stay litigation against a nondebtor party.
Also tagged district-court, fourth, fourth-circuit, judge, lexis, lower-courts, pension, presumption, question, reorganization, the-affirmative, the-debtor, the-leadThe scope of Code section 363(f) remains unclear thirty years after its enactment. The section authorizes a trustee to sell estate assets “free and clear of any interest in such property,” but courts do not agree on whether “interests” includes non-in rem interests, such as claims against the estate. The Sixth Circuit’s decision in
Also tagged agree-on-whether, district-court, estate, guaranty, includes-non-in, lexis, not-satisfy, pension, rem-interests, section-authorizes, sixth, sixth-circuit, such-property, thirty-yearsThe courts have not agreed on whether 28 U.S.C.S. § 1412 allows a bankruptcy court to retain jurisdiction of an improperly venued case.
Also tagged bankruptcy-court, given-the-plain, improperly-venued, judge, lower-courts, plain, plain-language, reorganization, retain-jurisdiction, strong-minority, the-affirmative, the-lead