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Subchapter V Eligibility: Congress Fixes CARES Act Provision That Excluded Affiliates of Issuers But Ignores Potential Eligibility for Foreign, Publicly Traded Companies and Affiliates | Fox Rothschild LLP

On February 19, 2020, the Small Business Reorganization Act (the “SBRA”) became effective and created a new subchapter V to chapter 11 of the Bankruptcy Code. As we have reported,...
United States Phenomenon Holdings Congress Revises Subchapterv Eligibility United States Bankruptcy Court Phe No Holdings Inc Bear Capital

TPC Bankruptcy and District Court Opinions Uphold Uptiering Transaction and Teach an Important Lesson on the Need for Express Lender Protections in Debt Documents | Goodwin

A recent U.S. District Court for the District of Delaware opinion, In re TPC Grp. Inc., provided another instance of an uptiering transaction withstanding legal scrutiny and provides...
United States New York Superpriority Postpetition While The Bankruptcy Court Opinion District Court Found The Plain Language District Court Opinion

TPC Bankruptcy And District Court Opinions Uphold Uptiering Transaction And Teach An Important Lesson On The Need For Express Lender Protections In Debt Documents - Insolvency/Bankruptcy

A recent U.S. District Court for the District of Delaware opinion, In re TPC Grp. Inc., provided another instance of an uptiering transaction withstanding legal scrutiny and provides further support for the view that...
United States New York Court Opinion Noteholder Group Audax Credit Opportunities Offshore Ltd Us Court
Source: mondaq.com

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