Monthly Archives: June 2012

Health Insurance Exchanges: A JD Supra Legal Reader

One of the key components of the Patient Protection and Affordable Care Act is the establishment of health insurance exchanges in each state, intended to function as one-stop-shopping marketplaces where individuals and small businesses can select from affordable health care options. To participate, insurers must offer qualified health plans that meet minimum standards of coverage… Read more »

RadLAX & Credit Bidding Rights: “One of the Most Important Business Bankruptcy Cases in a Decade”

On May 29, 2012, the Supreme Court ruled that debtors must allow lenders to “credit bid” when auctioning off assets as part of the bankruptcy reorganization process. Law firm Morrison & Foerster: “In a unanimous opinion in RadLAX Gateway Hotel, LLC v. Amalgamated Bank, the Court held that a Chapter 11 plan of reorganization that… Read more »