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Asset 3

Bankruptcy Codes Sections 363 and 365: Do Leases Survive A Bankruptcy Sale?

A recent decision of the United States Bankruptcy Court for the District of Montana approved a sale of the property pursuant to Section 363 of the Bankruptcy Code, free and clear of existing leases without granting the tenants any right to remain in possession under Section 365(h) of the Bankruptcy Code. Section 363(f) of the […]

Second Circuit Reverses Judge Rakoff’s Rejection of S.E.C.-Citigroup “No-Admit No-Deny” Settlement

Last week, a three-judge Second Circuit panel vacated U.S. District Judge Jed Rakoff’s November 2011 decision to reject a “no-admit no-deny” settlement between the US Securities and Exchange Commission (“SEC”) and Citigroup Global Markets Inc. (“Citigroup”). The Second Circuit’s decision relates to a settlement agreement in which Citigroup neither admitted nor denied the SEC’s underlying […]

International Anti-Corruption Enforcement: A Latin American Perspective webinar

Latin America — with a population of more than one-half billion, and a 21st-century GDP growth rate higher than that of the US — offers tremendous business opportunities.  But with those opportunities come risks. The US and other countries, including Latin American countries, have made combatting global corruption an enforcement priority.  The result has been […]