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APRIL 18, 2018
 
 
 
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Bankruptcy & Restructuring News
In house attorneys looking for a better way to organize, vet and easily retrieve legal news created the National Law Review on-line edition.

Around the clock, the National Law Review's editors screen and classify breaking news and analysis authored by recognized legal professionals and our own journalists.

There is no log in to access the database and new articles are added hourly.​
 
 
 
 
In a recent decision pitting the Bankruptcy Code against the Federal Arbitration Act (FAA), the U.S. Court of Appeals for the Second Circuit held that a creditor could not compel arbitration of a debtor's class action claims because the dispute implicated a core bankruptcy proceeding. However, the court refused to consider important arguments concerning the congressional intent underlying the FAA because they were raised for the first time on appeal.  More on Bankruptcy Proceeding Here >
 
 
 
SquireWhen creditors are left holding the bag after providing valuable goods or services to a company that files for bankruptcy relief, they often feel misused and that an injustice has occurred. After all, they are legitimately owed money for their work or their product, and the debtor has in effect been unjustly enriched because it received something for nothing. Unsecured creditors do not have recourse to collateral, and typically have to wait in line to receive cents on the dollar.  Read more about Constructive Trust in Bankruptcy Cases Here>
 
 
 
KL GatesIn a recent speech on building trust, Australian Securities and Investments Commission Chair, James Shipton, identified 6 key characteristics that financial service providers, including FinTech companies, should have to ensure that the Australian financial system is efficient, resilient and fair.  Those characteristics are . .   More on Fintech Here >
 
 
 
 
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