Judge shopping in Chapter 11 bankruptcy

AJ Levitin - U. Ill. L. Rev., 2023 - HeinOnline
JUDGE SHOPPING IN CHAPTER 11 BANKRUPTCY Page 1 JUDGE SHOPPING IN CHAPTER
11 BANKRUPTCY Adam J Levitin* Forum shopping has long been a feature of large case …

Federalism form and function in the Detroit bankruptcy

MB Jacoby - Yale J. on Reg., 2016 - HeinOnline
On July 18, 2013, at 4: 06 pm Eastern Time, the City of Detroit entered bankruptcy without a
friend in the world. Its restructuring plan had no creditor support.'Unlike for General Motors …

Protecting Ma and Pa: Bond Workouts and the Trust Indenture Act in the 21st Century

SJ Lubben - Cardozo L. Rev., 2022 - HeinOnline
Revlon describes itself" as a color authority and beauty trendsetter in the world of color
cosmetics and hair care."'Most people would probably just call it a makeup or cosmetics …

Do activist investors constrain managerial moral hazard in chapter 11?: evidence from junior activist investing

JA Ellias - Journal of Legal Analysis, 2016 - academic.oup.com
This article examines the hedge fund investment strategy of buying junior claims of Chapter
11 debtors and playing an activist role in the bankruptcy process. These hedge funds are …

Corporate restructuring under relative and absolute priority default rules: a comparative assessment

JM Seymour, SL Schwarcz - U. Ill. L. Rev., 2021 - HeinOnline
This Article assesses the relative priority approach in the European Union's new
Restructuring Directive (" Directive") 1 from the comparative perspective of US bankruptcy …

Building legal indexes to explain recovery rates: An analysis of the French and English bankruptcy codes

R Blazy, B Chopard, N Nigam - Journal of Banking & Finance, 2013 - Elsevier
The paper analyzes the characteristics of bankruptcy procedures that may impact on
creditors' recoveries. We propose 132 legal indexes accounting for the main functions of …

Private Benefits without Control: Modern Chapter 11 and the Market for Corporate Control

O Couwenberg, SJ Lubben - Brook. J. Corp. Fin. & Com. L., 2018 - HeinOnline
Outside of bankruptcy, a board of directors' decision to take control rights away from existing
shareholders and grant them to another is subject to heightenedfiduciary duties. As the sale …

Client-Focused Management of Expectations for Legal Fees in Large Chapter 11 Cases

NB Rapoport - Am. Bankr. Inst. L. Rev., 2020 - HeinOnline
Inside counsel have to manage expectations in a variety of ways. They need to provide
guidance to their business units; they need to ensure compliance with a network of statutes …

Corporate group cross-border insolvencies between the United States & European Union: legal & economic developments

N Wouters, A Raykin - Emory Bankr. Dev. J., 2012 - HeinOnline
As corporations become increasingly globalized, cross-border insolvencies are more
prevalent. Insolvency raises the problems of any cross-border dispute: reciprocity, venue …

Using General Counsel to Set the Tone for Work in Large Chapter 11 Cases

NB Rapoport - Fordham L. Rev., 2019 - HeinOnline
In a recent article, 2 I suggested that general counsel should take a more active role in
managing the costs of large Chapter 11 cases. Given the way that court-appointed …