News Topic: CreditSlips

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In an earlier post , I noted some open questions that had to be answered before Crystallex could execute on PDVSA’s 100% ownership stake in PDV Holding (PDV-H). ... Read full article

Last weekend, The New York Times published an opinion piece about animal shelters, Are We Loving Shelter Dogs to Death ? It highlighted the sad reality that nationwide shelters are horribly overcrowded. ... Read full article

Facebook, it seems, has developed a system of rating users trustworthiness . It's not clear if this is just a system for internal use or if users' trustworthiness scores are for sale to third parties, but if the latter, then would sure seem that ... Read full article

I have just posted on the Social Science Research Network a forthcoming article called Corporate Bankruptcy Hybridity . ... Read full article

Lawyers and legal academics may be surprised to learn that Thomson Reuters, owners of the Westlaw electronic law library, sells its data to the Immigration and Customs Enforcement Agency, and reserves the right in its privacy policy to share browsing ... Read full article

I have had a bit of time to digest the district court’s ruling that PDVSA is Venezuela’s alter ego, and here are some preliminary thoughts. The opinion is 75 pages and covers a lot of ground, but I’ll focus on perhaps the most important and least ... Read full article

Just a quick post for now, as the court is keeping its opinion under seal for the time being. Crystallex, a creditor of Venezuela, has been trying to enforce its claims by attaching PDVSA's equity interest in PDV Holding, the ultimate U.S. parent of ... Read full article

Older Americans (age 65 and over) are increasingly likely to file bankruptcy and now comprise a larger proportion of the people who file bankruptcy -- and the effects are not small. Using data from the Consumer Bankruptcy Project, in a new working paper ... Read full article

The financial travails of MoviePass and its parent company Helios & Matheson caught my eye today. ... Read full article

As my summer of poutine , donairs , and nippy waters winds down, a quick post to note that the long-expected motion to dismiss has been filed in the bat ... Read full article

Ian Fletcher has passed away. He was a very important figure in insolvency law in England and elsewhere and a giant in the international side of our field. His passing is a great loss of a wonderful scholar and friend. ... Read full article

It is with great sadness that the news reached my desk of the passing of Professor Ian Fletcher of University College London. Ian was a leading international insolvency expert, well known to all of us at Credit Slips , and we extend our condolences to his ... Read full article

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In January I wrote about Aurelius seeking a do-over . ... Read full article

In June 2018, the U.S. Supreme Court decided Sveen v. Melin , a case applying Contracts Clause* jurisprudence to a state revocation-on-divorce statute and preexisting insurance contract. It isn't like the Supreme Court hears a Contracts Clause case ... Read full article

It seems fairly clear that, if Trump's latest nominee to the Supreme Court, Brett Kavanaugh, is sworn in, the Court's trend of resolving virtually all statutory disputes on the basis of "plain meaning" will be cemented in place. ... Read full article