E&P Plus May 2021: On the Move
Check out the latest appointments, retirements and promotions as well as other company highlights.
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Check out the latest appointments, retirements and promotions as well as other company highlights.
The In re Jevic Holding Corp. chapter 11 case continues to make news. The case is likely best remembered for the 2017 Supreme Court decision holding that the distribution scheme in a structured dismissal of a Chapter 11 case cannot violate the absolute priority rule. The case has since been converted to Chapter 7, and in its most recent development, the Bankruptcy Court in Delaware barred the Chapter 7 trustee from stepping into the shoes of either the former unsecured creditors’ committee or the debtor due to the language in the Final Debtor In Possession Order. Chapter 7 trustees hav...