Bankruptcy Law News and Insights

The following article compares In re Great Lakes Quick Lube L.P., 816 F.3d 482 (7th Cir. 2016), where the Seventh Circuit Court of Appeals ruled that a commercial lease termination –constitutes a fraudulent transfer – and In re Pazzo Pazzo, Inc., No. 21-2344, 2022 WL 17690158 (3d Cir. Dec. 15, 2022), where...

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The publications in this series tackle many facets (and potential applications) of the Bankruptcy Code as potential balm and bane for owners, landlords and lenders trying to navigate a landscape made exponentially more treacherous by recent economic and market conditions. Contiguous Condominiums Are Not "SARE" (6.29.23) Dania Slim, Patrick E. Fitzmaurice and Alana A....

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1 Legal framework 1.1 What domestic legislation governs restructuring and insolvency matters in your jurisdiction? Restructuring and insolvency in the Cayman Islands is primarily governed by: the Companies Act (2022 Revision); the Companies Winding up Rules, 2018; and with respect to exempted limited partnerships, the Exempted Limited Partnership Act (2021...

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