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Fifth Circuit Rules On The

On October 14, 2022, the U.S. Court of Appeals for the Fifth Circuit issued a long-awaited ruling on whether Ultra Petroleum Corp. ("UPC") must pay a $201 million make-whole premium to noteholders. ....

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Fifth Circuit Rules on the "Solvent-Debtor Exception" and Make-Whole Premiums | Jones Day

In Short - The Situation: Courts have disagreed over whether a make-whole premium triggered by a borrower's bankruptcy filing must be disallowed as unmatured interest. The. ....

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Beckley pension boards sue state agency to keep current payment methods

BECKLEY – The Beckley police and fire pension boards have sued the state Municipal Pensions Oversight Board, saying it’s asking them to change systems that have worked for years. ....

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Biden Gets Another 9th Circ. Pick With Hurwitz's Senior Status

Ninth Circuit Judge Andrew D. Hurwitz informed the White House on Friday he will take senior status this summer and upon confirmation of his successor, giving President Joe Biden another seat to fill on the largest federal appellate court. ....

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The Eleventh Circuit Revisits the Doctrine of Statutory Mootness in Bankruptcy Sales | Jones Day

The finality of sales of assets in bankruptcy is an indispensable feature of U.S. bankruptcy law, designed to maximize the value of a bankruptcy estate as expeditiously as possible for. ....

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