State Reports - USA

Formal & Informal negotiation ASAP!
Authors:  Justice Luciano PANZANI (INSOL Europe Judicial Wing, Italy), Christina
FITZGERALD (Isadore Goldman, UK) and Daniel A. LOWENTHAL (Patterson Belknap Webb & Tyler, US)
Source: Eurofenix, 2025 Spring edition

US Column: The Impact of “Applicable Non-Bankruptcy Law” in Chapter 11 Proceedings
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2025 Spring edition 

After Purdue Pharma: The future of third-party releases in the U.S.
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2024-25 Winter edition 
 
Tale of two courts... Trade creditors take note 
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2024 Autumn edition 
 
2024 US elections: The prelude
Authors: Ryan P. WALKER (Senior Vice President, Federal Affairs Shumaker Advisors), Jason M. OUIMET (Senior Vice President of Federal Affairs, Shumaker Advisors, LLC) and Chris SALEMME (Senior Vice President of Federal Affairs, Shumaker Advisors, LLC)
Source: Eurofenix, 2024 Summer edition 
 
US Court expands creditors’ rights to assert claims against insiders
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2024 Spring edition 

Trouble in Texas: Resignations and Scandal
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2023/24 Winter edition 

Purdue Pharma third party releases: A bitter pill to swallow
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2023 Autumn edition 

Chapter 11 protections for unsecured creditors are candles in the wind
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2023 Summer edition 

Are First-Day hearings “game over” for Chapter 11 cases?
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2023 Spring edition 

Bitgrail & Celsius: Similar outcomes, different reasoning
Authors: Iacopo DONATI (Assistant Professor, University Ca’ Foscari Venice, Italy) & José CARLES (Co-Chair Insolvency Tech & Digital Assets Wing; Partner CARLES | CUESTA Abogados, Spain)
Source: Eurofenix, 2023 Spring edition

Divided we exist: What do the 2022 US mid-term elections mean?
uthor: Ryan P. WALKER (Senior Vice President, Federal Affairs Shumaker Advisors)
Source: Eurofenix, 2022/2023 Winter edition 

Live and let fly: Turbulence lands SAS in Chapter 11
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2022 Autumn edition 

Cryptocurrencies and Crypto-Tokens
Authors: Montse MAS (CARLES | CUESTA Abogados, Spain), Frank TSCHENTSCHER (President of INSOL Europe; Partner, Deloitte Legal, Germany) and José CARLES (Co-Chair of the Insolvency Tech and Digital Assets Wing; CARLES | CUESTA Abogados, Spain) 
Source: Eurofenix, 2022 Autumn edition 
 
Protection of dissenting creditors’ interests
Author: Abbas ABBASOV (Doctoral Researcher, Martin-Luther Universität Halle)
Source: Eurofenix, 2022 Autumn edition 
 
Corporate bankruptcy reformation in the US
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2022 Summer edition 

Compromise: The new bad word?
Author: Ryan P. WALKER (Senior Vice President, Federal Affairs Shumaker Advisors)
Source: Eurofenix, 2022 Spring edition 

Over the hills and far away
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2021/2022 Winter edition
 
Chapter 11 under fire: U.S. Congress seeks to end forum shopping
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2021 Autumn  Edition

Digital Gold: Implications of crypto assets under an insolvency scenario
Authors: José CARLES, Laurent Le PAJOLEC and David ORSULA, (Co-chairs of the Insolvency Tech & Digital Assets Wing)
Source: Eurofenix, 2021 Summer edition 

A closer look at... 2020 statistics on business failures
Author: Emmanuelle INACIO (NSOL Europe Conference Technical and Training Course Director)
Source: Eurofenix, 2021 Summer edition 

Crisis & Opportunity: Biden’s first 100 days and beyond
Author: Ryan WALKER (Senior Vice President of Federal Affairs for Shumaker Advisors, LLC)
Source: Eurofenix, 2021 Summer Edition
 
US Column: A “Black Swan” event
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2021 Spring Edition

Divergences and convergences of ‘COVID-19’ recovery plans in the United States, China and the EU
Author: Ludovic VAN EGROO (Institut d’Etudes Politiques Lille, France) 
Source: Eurofenix, 2020 Autumn Edition

Chapter 15: US Bankruptcy Court bars class action lawsuit
Authors: David H. CONAWAY and Ronald D.P. Bruckmann (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2020 Autumn Edition

COVID-19 “Suspends” US Chapter 11 Proceedings
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2020 Summer Edition

Sales incentives and setoff: using rebates to recover receivables
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2020 Spring Edition

Chapter 15 News: Delaware District Court rejects lawsuit against foreign representatives
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2019/20 Winter Edition

Selling claims in Chapter 11: A remedy with risks
Author: David H. CONAWAY (Shumaker, Loop & Kendrick LLP, Charlotte, NC, USA)
Source: Eurofenix, 2019 Autumn Edition

Madoff: Insolvency laws without borders
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2019 Summer Edition

Cross-Border Insolvency: English High Court ruling impacts Delaware Chapter 11 case
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2019 Spring Edition

The long arm of the law: Avoidance actions without borders
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2018/2019 Winter Edition

A rose by another name has its thorns
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2018 Autumn Edition

The Chapter 15 Case of Hanjin Shipping
Author: Ilana VOLKOV (Cole Schotz PC, USA)
Source: Eurofenix, 2018 Summer Edition

US Chapter 15: Delaware court sends U.S. creditor packing… to Italy
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2018 Summer Edition

Managing credit risk in the supply chain
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2018 Spring Edition

Chapter 15: A sword and a shield
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2017 Autumn Edition

The case of Arcapita and the role of U.S. courts in international restructurings
Authors: Brad Geer, Anne Davey, and Zachary Cohen (Houlihan Lokey's Financial Restructuring Group, USA)
Source: Eurofenix, 2017 Summer Edition

USA: Everything must Go: Retail Chapter 11 filings
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2017 Spring Edition

Takata: The unfortunate recall
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2016 Winter Edition

International sales contracts: Square peg, round hole?
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2016 Summer Edition

Mediation in Restructuring and Insolvency
Author: Prof. Bob WESSELS (University of Leiden, The Netherlands)
Source: Eurofenix, 2016 Spring Edition

The US Supreme Court rejects attorneys’ fees in Chapter 11
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2015 Autumn Edition

Managing the risk of involuntary bankruptcy
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2015 Summer Edition

Rights of trade creditors in the US
Author: Daniel A. LOWENTHAL (Patterson Belknap Webb & Tyler, USA)
Source: Eurofenix, 2015 Spring Edition

LDK Solar: Implementing a global restructuring of a China-based corporate family
Author: Phillip TAYLOR (Sidley Austin, UK)
Source: Eurofenix, 2015 Spring Edition

A hunt for justice erodes the attorney-client privilege
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2014 Winter Edition

Reducing a customer’s Accounts Receivable in the zone of Insolvency
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2014 Autumn Edition

Q&A: Managing parallel proceedings – USA & Cayman Islands
Authors: Kim NEWMARCH (BDO, USA), Caroline MORAN (Maples and Calder, Cayman Islands) and Eleanor FISHER (AlixPartners, Cayman Islands)
Source: Eurofenix, 2014 Summer Edition

Winners and losers: They call Alabama the Crimson Tide, call me Deacon Blues
Author: David H. CONAWAY (Shumaker, Loop & Kendrick, USA)
Source: Eurofenix, 2014 Spring Edition