In March, the U.S. Supreme Court overruled the decision of three lower courts by determining the Bankruptcy Code does not permit “priority skipping” in Chapter 11 structured cases. Kurt Mayr and Shannon Wolf examine the pivotal Czyzewski v. Jevic Holding case and explain the implications for future structured dismissals in Chapter 11 cases.
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The Jevic Case: High Court Rejects Deviations to Chapter 11 Structured Dismissals
June 6, 2017
Filed Under: 2017, Bankruptcy, Issues, Legal Tagged With: Bracewell, Czyzewski v. Jevic Holding., Jevic Bankruptcy, Kurt Mayr, Shannon Wolf
Philadelphia Credit and Restructuring Summit: Energized by New Location, Women Exec Panel
April 20, 2017
The Philadelphia Credit and Restructuring Summit celebrated its 10th anniversary by moving to a new location and adding a panel of women executives to the lineup. Lenders, turnaround professionals and bankruptcy judges enjoyed a round of Judicial Jeopardy before discussing serious matters ranging from possible federal tariffs on foreign goods to the ramifications of the Supreme Court’s ruling on structured dismissals in bankruptcy.
Filed Under: 2017, 2017, Issues, Turnaround Management Tagged With: Andrew Silfen, Arent Fox, Cheryl McKissack Daniel, Close School of Entreprenuership, Commercial Finance Association., Czyzewski v. Jevic Holding., Donna M. De Carolis, Drexel University, EisnerAmper, Glenn Bernabeo, Griffin Financial Group, Hahn & Hessen, Jean FitzSimon, Jeffrey Wacker, Judge Rosemary Gambardella, Judicial Jeopardy, Kevin Gross, Lori F. Reiner, Mark Minuti, Mark S. Indelicato, Mark Seigel, McKissack & McKissack, Michael B. Kaplan, Michael Bonner, New York Institute of Credit, Patt B. Santelle, Paul Schuldiner, Ronon, Rosenthal Trade Capital, Saul Ewing, Sean Beach, Stevens & Young, Stradley, TD Bank, Turnaround Management Association, Veritas Financial Parnters, White Williams, Young Conaway Stargatt & Taylor