One of the most important protections offered by filing for bankruptcy is the automatic stay, which serves as a shield against many debt collection efforts. An automatic stay provides temporary relief ...
It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ...
Debtors in non-U.S. bankruptcy or restructuring proceedings commonly seek to shield their U.S. assets from creditor collection efforts by seeking "recognition" of those proceedings in the United ...
Sabre Holdings Corp. is asking a judge to modify the so-called automatic stay in American Airlines' bankruptcy so it can pursue counterclaims against the carrier in an antitrust dispute. Sabre said in ...