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In re Jevic

On Friday, September 2nd, the LSTA filed an amicus brief with the Supreme Court of the United States in In re Jevic urging the court to overturn the use of structured dismissals that violate the absolute priority rule, a foundational tenant of the bankruptcy code.  This case will determine whether Chapter 11 of the Bankruptcy […]

Bank of America v. Caulkett

The LSTA, joined by the Clearing House and the American Bankers Association, filed an amicus brief in support of a petition to the U.S. Supreme Court for a writ of certiorari (seeking review of a case) in Bank of America v. Caulkett that could have important ramifications for secured lenders.

W.R. Grace

The LSTA submitted an amicus brief to the United States Court of Appeals for the Third Circuit in In re W.R. Grace & Co.  The issue addressed by the brief was the “absolute priority rule”, the bankruptcy rule that requires that a debtor’s creditors be paid in full before its stockholders recover anything.

CompuCredit

The LSTA filed an amicus brief in CompuCredit Holdings Corporation v. Akanthos Capital Management, LLC, a case that raises the issue of whether collective action by creditors in pre-existing loans constitutes a per-se violation of the anti-trust laws.

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