Worldwide: Financial Restructuring

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...

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

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

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.

In this episode of the TMA Chicago/Midwest (TMA) Podcast, Katten Restructuring Partner and host Paul Musser sat down with Bob Pabst, President, and Kat Parker...

In a recent decision arising from the Christmas Tree Shops bankruptcy, the Delaware Bankruptcy Court dismissed a Chapter 7 Trustee's preference complaint...

Corporate restructurings are not always successful for many reasons. As a consequence, the bankruptcy and restructuring laws of the United States and many other countries...

Having reached its 20th anniversary of enactment, chapter 15 of the Bankruptcy Code has proven to be an invaluable tool in assisting foreign debtors, their duly-appointed representatives, and foreign bankruptcy courts to...