A recent case in New York State Supreme Court, One Williams Street Capital Management LP v. U.S. Education Loan Trust IV, LLC (Sup. Ct. N.Y. Cty. May 15, 2015), affords a useful opportunity to review the applicability and...more
8/4/2017
/ Article III ,
Bank of New York (BNY) Mellon ,
Bonds ,
Financial Fraud ,
Financial Institutions ,
Financial Instruments ,
Financial Markets ,
Merrill Lynch ,
NY Supreme Court ,
Standing ,
Transfer of Assets
In a recent ruling, Trusa v. Nepo (Del. Ch. April 13, 2017), consistent with prior case law, Vice Chancellor Montgomery-Reeves of the Delaware Chancery Court held that a creditor cannot bring a derivative action against a...more
In a short decision, In re that Certain Indenture Date as of April 1, 2010 (MN Ct. App. April 3, 2017), the Court of Appeals of Minnesota recently addressed a challenge to the award of trustee fees and legal expenses brought...more
5/5/2017
/ Article III ,
Bondholders ,
Default ,
Distribution Rules ,
Federal Contractors ,
Indenture Trustee ,
Legal Fees ,
Municipal Bonds ,
Real Estate Development ,
Standing ,
Trustees