Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded over 150 years ago, Orrick has offices in 25+ markets worldwide. Financial Times selected Orrick as the Most Innovative Law Firm in North America for three years in a row.
Orrick's Evan Hollander co-authored an article for The Norton Annual Survey of Bankruptcy Law (2016 Edition) addressing unique confirmation issues faced by nonprofit debtors in Chapter 11.
To print this article, all you need is to be registered or login on Mondaq.com.
Orrick's
Evan Hollander co-authored an article for The Norton Annual
Survey of Bankruptcy Law (2016 Edition) addressing
unique confirmation issues faced by nonprofit debtors in Chapter
11. The article addresses the applicability of the absolute
priority rule, distinctive feasibility issues, and appropriate
comparators when considering the best interests test in a nonprofit
case. The authors identify emerging trends in nonprofit bankruptcy
jurisprudence and suggest legislative action to help clarify
certain ambiguities in the law. Read the full article
here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded over 150 years ago, Orrick has offices in 25+ markets worldwide. Financial Times selected Orrick as the Most Innovative Law Firm in North America for three years in a row.