A presentation of recent decisions of interest to the lending community, including decisions on cram down (Tribune), 1111(b) election (Murray Coal), fraudulent transfer liability (Nine West, Isaiah, Thornburg Mortgage, and Generation Resources Holding), SBRA (Blanchard), liability for ultra vires transactions (S. Inyo Healthcare District), plan exculpation (Blixseth), and corporate dischargeability (Fusion Connect). Presented by Richard...
Recent Developments in Bankruptcy Law Elliot Ganz, General Counsel, LSTA Richard Levin, Partner, Jenner & Block LLP An LSTA Webinar February 11, 2020 2 Appeal from Stay Relief Order Conclusive determination of stay relief motion is a final order. “[A]djudication of a motion for relief from the automatic stay forms a discrete procedural unit within...
LSTA/02.13.09 Market Advisory February 13, 2009 “Tribune – Retainer Fees” We refer to Tribune Company’s $1,600,000,000 Senior Unsecured Interim Loan Agreement dated as of December 20, 2007. On Monday, December 8, 2008 (the "Filing Date"), Tribune Company filed for protection under the United States Bankruptcy Code. We understand that later that month, lenders were asked...
