The Plan—the result of years-long efforts by the Debtors (represented by Davis Polk) and other key stakeholders to resolve opioid clams against Purdue and recover from its owners—will...
On Friday, December 6, 2019, New York Governor Andrew M. Cuomo signed legislation enacting the Uniform Voidable Transactions Act (“NY UVTA”) and repealing Article 10 (§§ 270-281) of...
On December 14, 2015, the U.S. Supreme Court issued its decision in DIRECTV v. Imburgia. The Court reversed a decision of the California Court of Appeal that had refused to enforce an arb...
On September 29, 2014, in Czyzewski v. Sun Capital Partners, Inc.(In re Jevic Holding Corp.), the United States District Court for the District of Delaware issued a decision holding that ...
In the wake of the recent Momentive ruling on cramdown plan confirmation (discussed in our recent client memorandum
), on September 30, 2014, the bankruptcy court also rejected the senior...
In a lengthy bench ruling delivered on August 26, 2014, Judge Robert D. Drain of the United States Bankruptcy Court for the Southern District of New York held that Momentive Performance M...
On January 14, 2014, U.S. Bankruptcy Judge Robert E. Gerber of the Southern District of New York issued a decision with potential implications for the interpretation of Section 546(e) of ...
On September 15, 2013, Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York issued an opinion in the Residential Capital (“ResCap”) bankruptc...
Through various affiliated entities, large financial institutions may have multiple touch points to a company client or multiple roles in a complex financial transaction. For example, one...
