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Bankruptcy judge says to approve LightSquared bankruptcy exit plan

Bankruptcy judge says to approve LightSquared bankruptcy exit plan #paulfordyce #wwwpmflegalcom #sydneylawyer #uslaw #bankruptcy #dishnetworkcorp #charlesergen #reuters #channelnewsasia 27 MAR 2015 | CHANNEL NEWS ASIA | BANKRUPTCY | USA LAW A U.S. bankruptcy judge said on Thursday he will approve wireless venture LightSquared’s plan to exit bankruptcy and repay its largest creditor, Dish Network Corp… Continue Reading

In wake of bankruptcy filing, Sam Wyly talks about selling his art collection

In wake of bankruptcy filing, Sam Wyly talks about selling his art collection #paulfordyce #wwwpmflegalcom #sydneylawyer #bankruptcy #samwyly #dallasbusinessjournal #securitiesandexchangecommission #globallaw Candace Carlisle | DALLAS BUSINESS JOURNAL | GLOBAL LAW | 26 MAR 2015 | BANKRUPTCY Dallas entrepreneur and former billionaire Sam Wyly has a long history with art that can be traced to an… Continue Reading

Germany plans to subordinate senior unsecured bonds in bank insolvency

Germany plans to subordinate senior unsecured bonds in bank insolvency #paulfordyce #wwwpmflegalcom #sydneylawyer #cliffordchance #german #federalgovernment #europeanbank #europelaw 24 MAR 2015 | CLIFFORD CHANCE | EUROPE LAW | GERMANY The German Federal Government has published a draft law implementing the Single Resolution Mechanism. It includes a proposal to subordinate senior debt instruments in the insolvency… Continue Reading

Bankrupt San Bernardino reveals details of deal with Calpers

Bankrupt San Bernardino reveals details of deal with Calpers #paulfordyce #wwwpmflegalcom #sydneylawyer #usalaw #sanbernardino #bankruptcy #calpers #california #unitedstates #reuters By Tim Reid | REUTERS | BANKRUPTCY | CALPERS | SAN BERNARDINO | 26 MAR 2015 (Reuters) – The bankrupt California city of San Bernardino revealed on Thursday details of its deal with the state’s public… Continue Reading

Coming and Going Concerns

Coming and Going Concerns #paulfordyce #wwwpmflegalcom #sydneylawyer #globallaw #thewallstreetjournal #bankruptcybeat #christophercelentino #chapter11 26 MAR 2015 | THE WALL STREET JOURNAL | CHAPTER 11 | BANKRUPTCY | GLOBAL LAW Christopher Celentino has become a managing partner at the San Diego office of Ballard Spahr. Mr. Celentino, a bankruptcy and transactional finance partner at the law firm,… Continue Reading

Energy Future bankruptcy unlikely to resolve for another year

Energy Future bankruptcy unlikely to resolve for another year #paulfordyce #wwwpmflegalcom #sydneylawyer #usalaw #chapter11 #bankruptcy #energyfutureholdings #thedallasmorningnews By JAMES OSBORNE | 24 MAR 2015 | THE DALLAS MORNING NEWS | BANKRUPTCY | ENERGY FUTURE HOLDINGS | USA LAW Last April, Texas power giant Energy Future Holdings filed one of the largest bankruptcies in U.S. history.… Continue Reading

Trump-ING the automatic stay: Delaware bankruptcy court allows suit to terminate trademark licensing agreement

Trump-ING the automatic stay: Delaware bankruptcy court allows suit to terminate trademark licensing agreement #paulfordyce #wwwpmflegalcom #sydneylawyer #delaware #bankruptcy #lexology #usalaw #bankruptcycode 25 MAR 2015 | WEIL | LEXOLOGY | USA LAW | BANKRUPTCY Section 365(c)(1) of the Bankruptcy Code limits a debtor’s ability to assume or assign a contract where “applicable law” excuses a… Continue Reading

Be afraid, very afraid of who you meet online?

Be afraid, very afraid of who you meet online? #paulfordyce #wwwpmflegalcom #sydneylawyer #socialmedia #law #online #socialnetwork #duanemorris 24 MAR 2015 | LEXOLOGY | SOCIAL MEDIA | ONLINE | DUANE MORRIS Before the explosion of online communications, our world necessarily was smaller and who we came in contact with tended to people we already knew. Then… Continue Reading

Bankruptcy is a battlefield, but the fight is over when you shake on it

Bankruptcy is a battlefield, but the fight is over when you shake on it #paulfordyce #wwwpmflegalcom #sydneylawyer #usalaw #bankruptcy #lexology #court 24 MAR 2015 | LEXOLOGY | BANKRUPTCY | USA LAW | WEIL All’s fair in love bankruptcy and war . . . except when one side decides to keep fighting after there’s been a… Continue Reading

The High Court is strict yet flexible – statutory time limits for liquidators seeking to commence voidable transactions proceedings

The High Court is strict yet flexible – statutory time limits for liquidators seeking to commence voidable transactions proceedings #paulfordyce #wwwpmflegalcom #sydneylawyer #lexology #australialaw #highcourt #proceedings #corporationsact2001 #liquidator #mccabes 12 MAR 2015 | LEXOLOGY | MCCABES | AUSTRALIA LAW | HIGH COURT OF AUSTRALIA ABILITY TO SEEK AN EXTENSION OF TIME Section 588FF(3) of the… Continue Reading