Restructuring

Co-Contributors: Doron Kenter
The U.S. Supreme Court’s 2011 decision in Stern v. Marshall created a firestorm of uncertainty (and litigation) regarding the nature and extent of the bankruptcy courts’ authority.  Last year, the Court’s decision in Wellness International Network, Ltd. v. Sharif answered some of the many critical questions that arose in the wake of Stern and its progeny.  A recent article written by Ronit Berkovich and Doron P. Kenter for the LSTA Loan Market Chronicle examines some of the lessons to be learned, as well as some of the questions that remain unanswered after the Court’s seminal decision in Wellness.  The article is available in full here.