Bankruptcy and Restructuring Blog
Site: http://www.bankruptcylawblog.com/
Twitter: SheppardMullin
Facebook: https://www.facebook.com/SheppardMullin
A federal district court in New Mexico has issued a decision finding that the U.S. Department of the Interior's regulations permitting the Secretary of the Interior to adopt Class III gaming procedures for a tribe lacking a Tribal-State Compact are invalid and violate the Indian Gaming Regulatory Act, 25 U.S.C. §§ 2701 et. seq. ("IGRA"). If upheld, the decision in New Mexico v. Dept. of Interior could be expected to shift the balance of power to the states in the negotiation of new compacts and renewed compacts. The decision also may result in pressure on the Department of the Interior to exercise its role as trustee for tribes and sue states that fail to negotiate compacts in good faith.
DOJ Opinion Leaves Industry Hanging: If UIGEA Exclusions Don't Modify the Wire Act What Does That Mean for Intrastate Gambling Transactions?
Loan Syndication and EU Competition Law
California Supreme Court Rules That Loans Not Subject To Usury Cap May Still Be Unconscionable
Double Whammy: In a Sweeping New Opinion, the Ninth Circuit Creates a New Mechanism for Completely Wiping Out Unexpired Leases in Bankruptcy, and Also Undercuts a Critical Protection for Buyers in 363 Sales
Second Circuit Holds that Contingent Equity-Based Compensation of Former Lehman Employees are Subordinate to Creditor Claims
To Report or Not to Report – Is it Really A Question?
The Structure of Dismissals – Supreme Court's Jevic Decision Lays Out Ground Rules for Parties Seeking to Resolve Bankruptcies Through the Increasingly Popular Method of Structured Dismissals
Third Circuit Upholds The Enforceability Of Make-Whole Premiums In Post-Bankruptcy Context
Will Madden v Midland Disrupt Loan Sales and Platform Lending?
Lenders Cannot Prevent Borrowers From Filing Bankruptcy By Owning Minority Equity With Veto Power Over Borrower's Decision To File Bankruptcy
Subscribe to Bankruptcy and Restructuring Blog