Proskauer Rose LLP’s Post

Is your borrower a LLC? If so, suggest you give this alert a quick read.

Our latest Knowledge Centre article delves into the key provisions of the Bankruptcy Act 1966, particularly Section 81, which grants significant powers for examining individuals related to a bankruptcy. Learn how this impacts trustees and creditors in ensuring a thorough investigation of bankrupt estates. 🔗 https://lnkd.in/gDdQJ4vc

Lowenstein’s Bruce S. Nathan and Mike Papandrea examine a recent Delaware bankruptcy court decision on the due diligence requirement to prove preference claims in National Association of Credit Management's Business Credit. Read the full article: https://bit.ly/48YxR4i #bankruptcy #bankruptcylaw #insolvency #lawyers #chapter11

#NewYork Partner Minyao Wang recently co-authored an article with Vincent J. Roldan (Mandelbaum Barrett PC) for the American Bankruptcy Institute Journal, regarding a #decision by the Ninth Circuit #Bankruptcy Appellate Panel that addressed a recurring issue in Chapter 11 cases. See what Minyao had to say about one of the "most potent weapons" that a debtor in possession has under the Bankruptcy Code, and get a link to the full article on our website. #BankruptcyLaw #BusinessLaw #NewYorkLaw #CorporateLaw #Settlements #Debt #Contracts #AppellateLaw

Can a bankruptcy trustee sell or assign causes of action that arise from the trustee’s avoidance powers under section 544(b) of the Bankruptcy Code? My colleagues in the Strategic Advisory and Restructuring Dept. break down what you need to know. #McDonaldHopkins

Can a bankruptcy trustee sell or assign causes of action that arise from the trustee’s avoidance powers under section 544(b) of the Bankruptcy Code? My colleagues in the Strategic Advisory and Restructuring Dept. break down what you need to know. #McDonaldHopkins

Can a bankruptcy trustee sell or assign causes of action that arise from the trustee’s avoidance powers under section 544(b) of the Bankruptcy Code? My colleagues in the Strategic Advisory and Restructuring Dept. break down what you need to know. #McDonaldHopkins

In Part I of this two-part legal alert, Associate Franklin Barbosa, Jr. explains several potential defenses and strategies for combating preference claims under Section 547 of the United States Bankruptcy Code. 👉 To read the legal alert, visit: https://lnkd.in/gkGA2guJ #bankruptcy #finance #newjersey

A bankruptcy filing creates a complex legal landscape for creditors, particularly those who received payments from the debtor shortly before the bankruptcy. Here's what you should know: https://zurl.co/eYUV

Can a bankruptcy trustee sell or assign causes of action that arise from the trustee’s avoidance powers under section 544(b) of the Bankruptcy Code? My colleagues in the Strategic Advisory and Restructuring Dept. break down what you need to know. #McDonaldHopkins