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Money laundering, which is closely linked with tax evasion and informal trade, is facilitated by the poorly regulated financial institutions of mafia nations.ʺ These nations make billions of dollars by laundering money and giving safe haven to drug dealers and corrupt politicians, allowing them...
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Section 365 of the Bankruptcy Code (“Code”), which focuses on the post-petition continuation of pre-petition contractual relations, controls the assumption and rejection of executory contracts and unexpired leases by a trustee or debtor-in-possession (“DIP”) in all bankruptcy cases....
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Chapter 11 of the Bankruptcy Code gives creditors whose rights will be impaired the right to vote to accept or reject a proposed plan of reorganization. Bankruptcy law subjects this right of franchise to two limitations. Section 1126(e) provides that a vote cast “not in good faith” or “not...
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