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Articles by Rick Antonoff
Must Foreign Debtors Have U.S. Property to be Eligible for Relief under Chapter 15? | JD Supra
Chapter 15 of the U.S. Bankruptcy Code provides a streamlined process for recognition (a form of comity) of a foreign insolvency proceeding. However, courts are divided as to whether a foreign debtor must satisfy the general definition of “debtor” as that term is used in section 109(a) of the Bankruptcy Code, which requires a debtor seeking bankruptcy relief to reside or have a domicile, a place of business, or property in the United States.
Protecting the Supply Chain: U.S. Government Studies the Role of Federal Agencies in Ocean Carrier Bankruptcies | JD Supra
In December 2018, the Frank LoBiondo Coast Guard Authorization Act (the “LoBiondo Act”) was enacted to, among other things, improve and support the operation and administration of the Coast Guard and update maritime and environmental policy.
Main Street Lending Program: Lender Registration Now Open | JD Supra
On June 15, 2020, the Federal Reserve Bank of Boston (“Boston Fed”), which administers the Main Street Lending Program (“MSLP”), announced that the program is now open for lender registration. We refer you to our earlier publications on the MSLP for information about the background and structure of the facilities here. In the announcement, the Boston Fed also encourages lenders to begin making Main Street loans.
Main Street Lending Moves Closer to Launch Date as Boston Fed Publishes Forms and Updated FAQs | JD Supra
As we previously reported, the Federal Reserve Board’s Main Street Lending Program (“MSLP”) is soon expected to be up and running. In a significant move toward launching the program, on May 27, 2020, the Federal Reserve Bank of Boston (the “Boston Fed”), which is tasked with administering the MSLP, published several forms, agreements and instructions for eligible borrowers and lenders, and updated Frequently Asked Questions (“FAQs”).
Federal Reserve Establishes Two Main Street Lending Facilities Providing up to $600 Billion to Small and Mid-Sized Businesses | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Problems in the Code | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
The Curious Case of Extraterritoriality and Fraudulent Transfer Under the Bankruptcy Code
The Bankruptcy Strategist Bankruptcy Litigation Courts Are Divided on the Issue of Whether the Fraudulent Transfer Recovery Provision Applies Extraterritorially The U.S. Court of Appeals for the Second Circuit recently issued an opinion concluding that trustees can pursue recovery from foreign subsequent transferees who received property in transactions that occurred entirely outside the United States.
MAINBRACE: April 2019 | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
UNCITRAL’s Model Law on Recognition and Enforcement of Insolvency-Related Judgments – A Universalist Approach to Cross-Border Insolvency | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Mainbrace: June 2018 (No. 2) | JD Supra
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Mainbrace: March 2018 (No. 1) | JD Supra
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