The Chapter 11 filing highlights how quickly wholesale receivables can turn into uninsured losses - putting trade credit ...
Chanel and Kering are among the largest unsecured creditors in Saks Global’s bankruptcy, according to court filings.
PREPA bondholders say they are due a portion of the money allocated for payment to unsecured creditors in the Puerto Rico central government bankruptcy. The Puerto Rico Oversight Board said Puerto ...
A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...
ATLANTA — Delta Air Lines Inc., the nation's No. 3 carrier, said Monday it has agreed to give its retired pilots an extra $719 million in unsecured claims in its bankruptcy case to help them recoup ...
In a recent pair of decisions, the Ninth Circuit Bankruptcy Appellate Panel held that even fully secured creditors with nonrecourse claims and unsecured creditors who are paid off after the ...
In a recent decision in In re Harvest Sherwood Food, the U.S. Bankruptcy Court for the Northern District of Texas addressed all of these issues, and held a litigation funder that advanced $35 million ...
In its decision, the court maintained that the equitable powers of bankruptcy courts were sufficiently broad to subordinate a claim (even a claim that arose under 502(h)) on equitable grounds under ...
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