Bankruptcy Law News and Insights

Tax 2020: Developments Affecting Financial Restructurings

Published: Dec 18, 2020
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Key Points Joint and Several Liability Notices for Directors of Insolvent Companies HMRC Preferred Creditor Status DAC6 Updates to HMRC Guidance Relating to Company Residence and Permanent Establishments in Response to COVID-19 Updates to U.K. Anti-hybrid Rules Brexit and the U.K. as a Holding Company Jurisdiction Increasing Emphasis on Economic...

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E Pluribus Unum Or Ex Uno Plures? Attempted ABS Master Lease Rejection In The Hertz Bankruptcy

Published: Oct 19, 2020
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Since filing for Chapter 11 in May 2020, Hertz and its major stakeholders have been in negotiations and, at times, disputes over how best to reduce Hertz's nearly half-a-million vehicle fleet. These negotiations and disputes have caught the eye of investors in asset-backed securities ("ABS") and market watchers alike, as...

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Bankruptcy 101: A Primer For Landlords Facing Tenant Bankruptcies

Published: Oct 08, 2020
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As the pandemic endures and businesses continue to struggle under restrictions and safety measures intended to control the spread, it is likely that a number of commercial and retail tenants will either threaten to file bankruptcy or actually do so in the coming months. What can you, as a building...

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