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Articles by Daniel Glosband
A Brief Defense Of COMI
For a foreign proceeding to be recognized under the UNCITRAL Model Law on Cross-Border Insolvency ("Model Law")2 and its offspring, chapter 15 of the Bankruptcy Code3, the foreign proceeding must be either a foreign main proceeding or a foreign nonmain proceeding. A foreign main proceeding is one taking place in the country where the debtor has the center of its main interests ("COMI").
A Brief Defense of COMI | JD Supra
I. COMI Antecedents1 For a foreign proceeding to be recognized under the UNCITRAL Model Law on Cross-Border Insolvency (“Model Law”)2 and its offspring, chapter 15 of the Bankruptcy Code3, the foreign proceeding must be either a foreign main proceeding or a foreign nonmain proceeding. A foreign main proceeding is one taking place in the country where the debtor has the center of its main interests (“COMI”).
Goodwin Procter Discusses Yet Another Two Decisions in Bernie Madoff Case
Bernie Madoff died on April 14, 2021, while incarcerated in the Federal Medical Center in Butner, North Carolina, but he lives on in bankruptcy jurisprudence. The December 2008 disclosure that Bernard L.
Complicit Defendants Lose, Sovereign Agency Wins In Eternal Madoff Litigation
Bernie Madoff died on April 14, 2021, while incarcerated in the Federal Medical Center in Butner, North Carolina, but he lives on in bankruptcy jurisprudence. The December 2008 disclosure that Bernard L.
Complicit Defendants Lose, Sovereign Agency Wins in Eternal Madoff Litigation | JD Supra
Background Bernie Madoff died on April 14, 2021, while incarcerated in the Federal Medical Center in Butner, North Carolina, but he lives on in bankruptcy jurisprudence. The December 2008 disclosure that Bernard L.
Restructuring: Top Ten Questions for Boards to Consider During a Down Cycle | JD Supra
Board Decision Making in a Down Cycle - The last several months have been unprecedented in terms of how quickly and drastically business environments have changed. With widespread uncertainty and financial distress impacting so many businesses across industries, Boards of Directors are facing the challenge of a generation.
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