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Cleary discusses American Bankruptcy Institute’s Proposed Chapter 11 Reforms

By Thomas J. Moloney, Seth Grosshandler, Lindsee P. Granfield and James L. Bromley January 5, 2015 by tharts1

On December 8, 2014, the American Bankruptcy Institute (“ABI”) Commission to Study the Reform of Chapter 11 (the “Commission”) issued its Final Report and Recommendations (the “Report”). The Report proposes a number of important changes to Chapter 11.[1]

The Commission …

Entity Partitioning and Tailored Bankruptcy

By Anthony J. Casey April 25, 2013 by Jason Parsont

The partitioning of businesses into separate legal entities has been the focus of financial and legal study for decades. This literature has looked at the implications of legal separations across various dimensions such as corporate governance, limited liability, tax, and …

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