Eighth Circuit Holds in Contemporary Industries Corp. v. Frost that Payments Made to Selling Shareholders in the Course of a Leveraged Buyout Qualify as “Settlement Payments” and are ...
In an important decision published last week, the Second Circuit reversed a decision by the Southern District of New York Bankruptcy Court, which had held that premiums payable to the Pen...
It has been obvious for some time that the outdated US system of financial regulation is badly in need of reform. There have, however, been limited opportunities to unblock the political ...
In a decision issued on February 3, 2009, the Third Circuit considered an issue of first impression: when will a creditor be considered a non-statutory insider for purposes of extending t...
On Saturday, September 20, the US Treasury sent Congress a draft of proposed legislation which would permit the US Treasury to set up a program to purchase troubled assets from financial ...