Topic
Restructuring Plans
69 published works
Restructuring Globalview
The Reform Of The Spanish Insolvency Act – Positive News For Spanish Companies
At the end of 2021, the Spanish government approved draft reforms of the Spanish insolvency laws that transposes Directive (EU) 2019/1023 of 20 June 2019 on preventive restructuring frameworks into…
Restructuring Globalview
Restructuring Foreign Companies in England Using a Restructuring Plan
By Stephen D. Lerner, John Alderton, Devinder Singh
A restructuring plan may well be a very effective way of restructuring a foreign company. It has several advantages over a scheme of arrangement and with a relatively low entry…
Restructuring Matters
Further Support for Expedited Confirmations with Carlson Travel
With the confirmation of Carlson Travel’s plan of reorganization within 24 hours from the company’s filing, expedited confirmations took another step toward normalization. Carlson Travel (better known as Carlson Wagonlit…
Restructuring Globalview
Virgin Active Restructuring Plan approved in a disappointing week for landlords
The pandemic and various lockdowns have been tough on the landlord community. The last few days have not made that any easier. First, the New Look decision dismissed the challenge…
COVID-19 Response Blog
Restructuring Plan for Companies in Financial Difficulty Under the Corporate Insolvency and Governance Act 2020
The Corporate Insolvency and Governance Act 2020 (“CIGA“) ushered in a flexible restructuring compromise or arrangement for companies in financial difficulty (the “Restructuring Plan“). The legislation governing the Restructuring Plan…
Bankruptcy Litigation Briefing
Third Circuit: Releases Contained in Confirmed Chapter 11 Plans are Res Judicata
In ruling a motion to dismiss, the Third Circuit Court of Appeals considered whether the purchaser of the Debtors' shares post-confirmation was bound by releases contained in the plan of…
Agricultural Law and Taxation Blog
Chapter 12 Bankruptcy – Feasibility of the Reorganization Plan
OverviewFrom an economic standpoint, recent years have not been friendly to many agricultural producers. Low commodity prices for various grains and milk and increasing debt loads have made it difficult…
Restructuring Globalview
Seeing the Forest Instead of the Trees
Recently, the bankruptcy court presiding over the Energy Futures chapter 11 case issued an opinion analyzing the interplay between an intercreditor agreement’s distribution waterfall and payments to be made under…
Bankruptcy & Restructuring Law
<i>In re Roust</i>: Seven Steps to Confirming a Plan in Seven Days
On January 6, 2017, Judge Robert D. Drain of the Bankruptcy Court for the Southern District of New York orally approved a prepackaged plan of reorganization (a “Prepack”) in In…
Bankruptcy Law Insights
Delaware Bankruptcy Judge: A Carve-Out for Fees Is Not a Cap
By Ben Feder
Judge Christopher Sontchi recently issued an important opinion in the Molycorp chapter 11 case. He held that a standard carve-out in a financing order for the fees of counsel and…