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7 Dec 2016, 5:36 pm by Daniel Bussel
Jevic Holding Corp., potentially the most important of the Supreme Court’s recent bankruptcy cases, the court appears to be on the verge of rejecting priority-skipping structured dismissals as a means of resolving Chapter 11 cases. [read post]
29 Mar 2017, 12:11 pm by Michael M. Lauter
Jevic Holding Corp., 580 U.S. __ (2017) held that a bankruptcy court does not have the power to approve a structured dismissal of a bankruptcy case that violates the Bankruptcy Code’s priority scheme unless the affected parties consent. [read post]
29 Mar 2017, 12:11 pm by Michael M. Lauter
Jevic Holding Corp., 580 U.S. __ (2017) held that a bankruptcy court does not have the power to approve a structured dismissal of a bankruptcy case that violates the Bankruptcy Code’s priority scheme unless the affected parties consent. [read post]
29 Mar 2017, 12:11 pm by Michael M. Lauter
Jevic Holding Corp., 580 U.S. __ (2017) held that a bankruptcy court does not have the power to approve a structured dismissal of a bankruptcy case that violates the Bankruptcy Code’s priority scheme unless the affected parties consent. [read post]
30 Nov 2016, 7:04 am by Daniel Bussel
Jevic Holding Corp., set for argument on December 7, involves a challenge to the increasingly fashionable use of “structured dismissal” to resolve Chapter 11 bankruptcy cases. [read post]
23 Mar 2017, 3:38 am by Daniel Bussel
Jevic Holding Corp. is the latest battleground in a 150-year struggle over whether senior creditors whose liens exhaust a bankruptcy estate, and junior creditors or equity holders with control over the bankruptcy proceeding, can combine to use bankruptcy processes to implement a division of value that skips over otherwise out-of-the-money intervening creditors over their objection. [read post]
4 May 2017, 3:07 pm by Thompson & Knight LLP
Jevic Holding Corp.,[1] holding 6-2 that bankruptcy courts cannot approve structured dismissals that provide for distributions in violation of the Bankruptcy Code’s priority scheme without the consent of the affected parties. [read post]
4 May 2017, 3:07 pm by Thompson & Knight LLP
Jevic Holding Corp.,[1] holding 6-2 that bankruptcy courts cannot approve structured dismissals that provide for distributions in violation of the Bankruptcy Code’s priority scheme without the consent of the affected parties. [read post]
8 Dec 2016, 4:34 am by Edith Roberts
Jevic Holding Corp., a case involving a challenge to the use of a structured dismissal to resolve a Chapter 11 bankruptcy case. [read post]
7 Dec 2016, 4:09 am by Edith Roberts
Jevic Holding Corp., a case involving a challenge to the use of structured dismissals to resolve Chapter 11 bankruptcy cases. [read post]