Two courts – the U.S. Court of Appeals for the Second Circuit in In re Fairfield Sentry Ltd. (Aug. 5, 2025) 1 and the U.S. Bankruptcy Court for the District of Delaware in Opioid Master Disbursement ...
The Second Circuit ruled that U.S. bankruptcy safe harbors, like Section 546(e), apply internationally in foreign insolvency cases. It confirmed that offshore payments made in securities transactions ...
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