The decision bolsters the enforceability of arbitration clauses in consumer adhesion contracts.
Eric H. Horn and Heike M. Vogel discuss the Bankruptcy Court’s decision upheld by District Court.
Delaware District Court Rules that the Final Bid at Auction and not the Lender’s Credit Bid Determines the Amount of the Lender’s Allowed Secured Claim
The United States District Court for the District of Delaware recently upheld the Bankruptcy Court’s finding that a lender’s credit bid does not determine the amount of the lender’s allowed secured claim. Rather, it is the final bid that is the determinative factor in determining claim value.
With Hollister Construction’s recent filing of its Chapter 11 bankruptcy case in New Jersey, the United States Bankruptcy Court for the District of New Jersey is likely to address subcontractor liens at some point during the case.
When a client is getting ready to embark on a construction or renovation project, whether as the owner or as a contractor, the question often arises: Does it make sense to use one of the standard form contracts available or should the client opt for a custom form?
As a purchaser or a loan guarantor, you may be faced with the challenge of how to protect yourself against real risks while achieving your ultimate goal of consummating a purchase or loan. One way to transfer some of those…
Glenn Azzinari, Partner If you own or manage commercial real estate, you’ll have a daunting decision to make when the time comes to build out your space or undertake a major renovation. The same challenge applies if you are a…