Milbank Financial Restructuring partners Dennis Dunne and Gerard Uzzi co-authored an article for Practical Law’s global guide titled “Restructuring and Insolvency in the United States: Overview.”
The article gives a high-level overview of restructuring and insolvency law under United States jurisdiction and discusses the following topics:
- Forms of security
- Creditor and contributory ranking
- Unpaid debts and recovery
- State support
- Rescue and insolvency procedures
- Stakeholders’ role
- Liability
- Setting aside transactions
- Carrying on business during insolvency
- Additional finance
- Multinational cases
- Reform
