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About Melanie L. Cyganowski
A member of Otterbourg P.C., Melanie served for 14 years as a U.S. Chief Bankruptcy Judge in the Eastern District of New York before returning to private practice in 2007. Before the bench, she was a commercial/securities litigator at Sullivan & Cromwell and Milbank Tweed. She is a Fellow of the American College of Bankruptcy and Lit Counsel of America.
Articles by Melanie L. Cyganowski
What Constitutes the “Legal Rate” in a Solvent Debtor Bankruptcy Case?
Chapter 11 bankruptcies find the debtor generally to be insolvent, but not always. Occasionally, a debtor will emerge from the bankruptcy process as a solvent entity, and in those situations, Bankruptcy Code §726(a)(5) may entitle creditors of the debtor’s estate to post-petition “interest at the legal rate from the date of filing the petition.”[1] In […]
Chapter 15 Bankruptcy: A Concise Overview
Like commerce in general, bankruptcies are not necessarily restricted by borders. A company that files for insolvency protection in the Caribbean, Europe or the Far East may also have assets or interests elsewhere, like New York or Miami. Under those circumstances, the debtor’s representative may need the assistance of the U.S. bankruptcy courts to achieve […]