Litigation

Recent Posts

U.S. Supreme Court: U.S. Solicitor General May Take Part In RadLAX Arguments
Posted on 2 Apr 2012 by James Cordrey

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on April 2 granted the U.S. solicitor general leave to participate in oral arguments in a case in which a creditor bank argues that the Bankruptcy Code precludes confirmation of a hotel chain's... Read More

High Court: Debtor May Not Sell Property Free Of Lien; Must Allow Credit-Bidding
Posted on 29 May 2012 by Joan Grossman

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on May 29 affirmed that a debtor company may not obtain confirmation of a nonconsensual Chapter 11 plan that permits the debtor to sell collateral free and clear of a creditor bank's lien without... Read More

U.S. High Court Will Hear Chapter 11 Case Dealing With Secured Creditor Rights
Posted on 14 Dec 2011 by James Cordrey

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Dec. 12 said it will hear a case in which a debtor hotel chain is seeking to pursue Chapter 11 bankruptcy in which it proposes to sell its assets free of liens without allowing the secured creditor... Read More

U.S. Supreme Court Considers Rights Of Secured Creditors In Chapter 11 Bankruptcy
Posted on 23 Apr 2012 by James Cordrey

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on April 23 heard oral arguments in a dispute between a Chapter 11 debtor company and a creditor bank as to whether a secured creditor is permitted to credit-bid while the debtor company's collateral... Read More