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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]

The Insolvency Blog - http://theinsolvencyblog.typepad.com/

U.S. Supreme Court Approves Structured Dismissals in Certain Circumstances

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]

The Insolvency Blog - http://theinsolvencyblog.typepad.com/

The Structure of Dismissals – Supreme Court’s Jevic Decision Lays Out Ground Rules for Parties Seeking to Resolve Bankruptcies Through the Increasingly Popular Method of Structured Dismissals

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]

Bankruptcy and Restructuring Blog - http://www.bankruptcylawblog.com/

The Structure of Dismissals – Supreme Court’s Jevic Decision Lays Out Ground Rules for Parties Seeking to Resolve Bankruptcies Through the Increasingly Popular Method of Structured Dismissals

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]

Bankruptcy and Restructuring Blog - http://www.bankruptcylawblog.com/

The Structure of Dismissals – Supreme Court’s Jevic Decision Lays Out Ground Rules for Parties Seeking to Resolve Bankruptcies Through the Increasingly Popular Method of Structured Dismissals

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]

Bankruptcy and Restructuring Blog - http://www.bankruptcylawblog.com/

U.S. Supreme Court Rules WARN Claimants/Workers Must Get Priority Over Other Unsecured Creditors In Bankruptcy

23 Mar 2017, 11:07 am by Seyfarth Shaw LLP

Jevic Holding Corp., No. 15-649, 2017 U.S. [read post]

Workplace Class Action Blog - http://www.workplaceclassaction.com/

Opinion analysis: Bankruptcy priority rules may not be evaded in Chapter 11 structured dismissals

23 Mar 2017, 3:38 am by Daniel Bussel

Czyzewski v. [read post]

SCOTUSblog - http://www.scotusblog.com/

Jevic Supreme Court Opinion Declares Priority Skipping Bankruptcy Settlements to be Unlawful, Casting Doubt on Priority-Skipping Bankruptcy Surcharge Under 11 U.S.C. 506(c)

22 Mar 2017, 2:29 pm by Scott Talkov

Jevic Holding Corp., No. 15–649, 2017 WL 1066259, __ S.Ct. ___ (Mar. 22, 2017) […] [read post]