Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
U.S. Bank National Association, Trustee, By and Through CWCapital Asset Management LLC, Petitioner v. The Village at Lakeridge, LLC
Case Number:
15-1509
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
-
March 06, 2018
High Court Ruling Questions Ch. 11 'Insider' Status Test
In ruling that appellate courts should defer to a bankruptcy court's factual findings when hearing challenges over a creditor's insider relationship to a debtor, the U.S. Supreme Court refused to endorse an "arm's length" test used in bankruptcies, suggesting other evaluative standards may be better, according to experts.
-
March 05, 2018
Ch. 11 'Insider' Reviews Should Be Deferential, Justices Rule
The U.S. Supreme Court affirmed Monday that the federal circuits should defer to a lower court's factual findings when hearing certain challenges over a creditor's insider relationship to a Chapter 11 debtor, enshrining the importance of bankruptcy court scrutiny, especially when handling restructuring plan fights.