In "Hands Off My Creditors' Committee! Examining the Trend of Reconstituting and Disbanding UCCs," which appears in the August 2023 issue, Seth and Sameer analyze bankruptcy courts' authority.
In Czyzewski v. Jevic Holding Corp., 137 S. Ct. 973 (2017), the U.S. Supreme Court held that the Bankruptcy Code does not allow bankruptcy courts to approve distributions to creditors in a "structured dismissal".
Growth Likely Too Strong for the Fed; Timing of End to Fed s Rate Campaign Critical for Jobs Market By James Christie Good day. The Federal Reserve is widely expected to continue its tightening.