In its second clarificatory ruling in the space of a week, the US Supreme Court has found that appeals courts should apply a “clear error” standard when reviewing bankruptcy court rulings that determine whether an individual is an “insider”.
https://www.sequorlaw.com/wp-content/uploads/2018/01/GRR.png300300Jacques Harthttps://sequorlaw.com/wp-content/uploads/2017/04/SequorLogo_rgb-RedIcon.pngJacques Hart2018-03-06 14:13:142018-05-18 13:46:59US Supreme Court Clarifies Standard of Review for Bankruptcy “Insiders”
Woodbridge Group of Cos. in December made headlines from Southern California to South Florida after it filed for Chapter 11 protection and was subsequently sued by the Securities and Exchange Commission for allegedly running a billion-dollar Ponzi scheme.
https://www.sequorlaw.com/wp-content/uploads/2018/02/SFBJ.png300300Jacques Harthttps://sequorlaw.com/wp-content/uploads/2017/04/SequorLogo_rgb-RedIcon.pngJacques Hart2018-02-18 16:43:062018-02-21 17:28:15Recoup From A Ponzi Past?
The Southern District of Florida’s bankruptcy court has adopted guidelines for communication and cooperation between courts in cross-border insolvency matters that practitioners say will help courts efficiently handle the increasing number of Chapter 15 cases filed in the region as its ties to Latin America continue to strengthen.