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The Paul, Weiss Bankruptcy & Corporate Reorganization Department serves as a critical advisor in almost every major, complex restructuring matter, helping companies, creditors and investors facing rapid market transformation respond to business challenges with comprehensive and innovative strategies. Diversity of matters and clients, senior-level attention and seamless delivery of multidisciplinary services distinguish the practice.

Retail Electricity Agreement Found Protected Under the Bankruptcy Code's Safe Harbor Provisions

August 13, 2012 Read the memo

On August 2, 2012, in the case of In re MBS Management Services, Inc., the Court of Appeals for the Fifth Circuit ruled that a retail electricity agreement constituted a forward contract protected by the "safe harbor" provisions of the U.S. Bankruptcy Code.

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