Schemes Of Arrangement For Distressed Shipping Companies – A Viable (And
While it is clear that chapter 11 of the U.S. Bankruptcy Code can be an effective tool of reorganisation for distressed foreign shipping companies that are locked in an adversarial dispute with their creditors, should an English scheme of arrangement …
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Nature of Bankruptcy Work Changing Amid Filing Declines
For the yearlong period ending March 31, filings in federal bankruptcy courts nationwide tumbled by 12.3 percent after falling 11.3 percent the prior year, according to a Administrative Office of the U.S. Courts database. More recently, an April 30 …
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Labor SMART rejects acquisition deal, default notice in dispute
“We believe the auction process outlined under Section 363 of the US Bankruptcy Code provides the best opportunity for a return to us,” according to Command Center's filing. Command Center also reported it submitted a notice of default and demand for …
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