Recap of LSTA’s Fifth Installment of Recent Development in Bankruptcy Law
This week the LSTA hosted the fifth installment of our quarterly roundup of Recent Developments in Bankruptcy Law. Rich Levin of Jenner & Block once…
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In re Jevic: The Supreme Court Reaffirms the Absolute Priority Rule
Last week, in In re Jevic, the U.S. Supreme Court reaffirmed the most fundamental principle in bankruptcy – the absolute priority rule – while at…
Supreme Court: Absolute Priority Rule Applies Absolutely
Yesterday, in In re Jevic, a case of enormous importance to the loan market, the U.S. Supreme Court ruled 6-2 that non-consensual “structured dismissals” that…
Amicus Roundup: On a Winning Streak
In the past year the LSTA weighed in as amicus curiae (friend of the court) in four cases of enormous importance to the loan market. …
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