Business Restructuring Review

• Marblegate: Second Circuit Reverses Broad Interpretation of Trust Indenture Act in Out-of-Court Restructurings
• In Brief: U.S. Supreme Court Invalidates Nonconsensual "Structured Dismissal" of Chapter 11 Case Incorporating Settlement Deviating From Bankruptcy Code’s Priority Scheme
• Deepening the Divide: Court Rules That Bankruptcy Code’s Avoidance Provisions Do Not Apply Extraterritorially
• Tribune 2: No Actual Fraud Imputation in Avoidance Litigation Absent Control by Corporate Actors
• First Circuit Ruling Highlights Difference Between PROMESA Stay and Automatic Stay in Bankruptcy
• Chapter 15 Inapplicable Unless "Foreign Representative" Seeks Enforcement of Foreign Insolvency Court’s Order
• In Brief: Delaware Bankruptcy Court Rules That Bond Indenture Fee Defense Provision Satisfies ASARCO Standard
• International Legislative Update

Jones Day publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our "Contact Us" form, which can be found on our website at www.jonesday.com. The mailing of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.