United States: Insolvency/Bankruptcy

A Delaware District Court has affirmed that Chapter 15 of the Bankruptcy Code permits U.S. recognition and enforcement of third-party releases approved in foreign insolvency proceedings, distinguishing this framework from the Supreme Court's Purdue decision that limited such releases in domestic Chapter 11 cases. The ruling in the Crédito Real case establishes that international comity principles and Chapter 15's distinct purpose of facilitating cross-border restructurings allow courts to honor foreign

Explore critical insights across multiple sectors including Middle East construction challenges amid regional conflict, the intersection of financial reporting valuations and tax compliance, large-scale financial remediation...

Highly leveraged companies structured as partnerships face complex tax implications when restructuring debt obligations, particularly regarding cancellation of debt income.

If you make asset-based loans secured by accounts receivable, you need to understand what happens when your borrower files bankruptcy and wants to spend the money you thought was yours.

The financial landscape in Florida is continuing to evolve in 2026. For individuals and business owners facing unmanageable debt, understanding the nuances of bankruptcy law is more critical than ever.

In Episode 2 of our Debt Sales 101 mini-series, we move from the “why” behind debt sales to the “what.” Specifically, we discuss what types of debt can be sold...

If you had to summarize Vietnam’s shipbuilding reset in one sentence for a shipping CEO or an investor in 2026, what is it really about?

The ability of a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP" ) to obtain financing may be crucial to the success of a chapter 11 case as a means of funding operations or distributions under a plan of reorganization.

To prevent landlords under long-term real property leases from reaping a windfall for future rent claims at the expense of other creditors, the Bankruptcy Code caps the amount of a landlord's claim against a debtor-tenant for damages "resulting from the termination" of a real property lease.