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News and information on bankruptcy and bankruptcy law
By Tony Sabine | June 13, 2024
The High Court of Hong Kong ordered Dexin to be wound up over its failure to repay more than $300 million to creditors.
2 minute read
By James Jackson | June 11, 2024
Willkie Farr & Gallagher has hired former Latham bankruptcy and restructuring lawyers Jörn Kowalewski, Ulrich Klockenbrink and Hendrik Hauke as part of its new German strategy along with counsel Jan-Philipp Praß and a team of seven associates.
4 minute read
By Louis Altmann | June 11, 2024
The firm recently established an insolvency practice in Australia and added a restructuring partner in Hong Kong.
1 minute read
By Tony Sabine | April 23, 2024
The downturn in the Chinese property sector is creating new prospects in Hong Kong, both for firms looking to cash in on the need for professionals with expertise in restructuring and insolvency and for a city looking to cement its status as a legal hub.
5 minute read
By Dario Sabaghi | April 18, 2024
Some major firms are restructuring their practices ahead of the new bankruptcy law entering into effect.
6 minute read
By Kasvi Sehgal | April 17, 2024
The news comes as the UK apparel company ramps up efforts to avoid an insolvency process.
2 minute read
By Kasvi Sehgal | April 5, 2024
The restructuring specialist discusses his move from one of the world's biggest investment companies and his plans at Paul Hastings' London office.
7 minute read
By Habiba Cullen-Jafar | March 21, 2024
Several UK retail brands have appointed administrators this year, with McDermott also securing a role.
3 minute read
By Christopher Niesche | March 15, 2024
Maria O'Brien is the latest insolvency partner to switch firms in the country.
2 minute read
By Kasvi Sehgal | February 15, 2024
The transactions come as statistics on Thursday showed the UK entered a recession towards the end of 2023.
3 minute read
By Amanda Bronstad | June 12, 2024
Lawyers for talc claimants filed a motion on Tuesday to prevent a planned third J&J bankruptcy from being filed outside New Jersey, where two prior Chapter 11 cases were dismissed.
6 minute read
By Mimi Lamarre | June 12, 2024
"We continue to live in a volatile world, particularly with many overleveraged companies," noted Andrew Troop, Pillsbury's restructuring practice leader.
3 minute read
By Mimi Lamarre | June 12, 2024
"We continue to live in a volatile world, particularly with many over-leveraged companies," noted Andrew Troop, Pillsbury's restructuring practice leader.
3 minute read
By Amanda Bronstad | June 11, 2024
The U.S. Court of Appeals for the Fourth Circuit has agreed to take up a bankruptcy involving the controversial "Texas two-step," potentially deciding the merger tactic's fate in future Chapter 11 cases. The opening brief is due July 10.
6 minute read
By Amanda Bronstad | June 11, 2024
In 2023, the Third Circuit found that LTL was not in financial distress when it filed for Chapter 11, in part because of a funding agreement it had with Johnson & Johnson.
6 minute read
By Justin Henry | June 11, 2024
Recruiter Sharon Mahn's estate has sought to pursue claims of abuse of process and sexual harassment against former employer Major Lindsey, which fired Mahn in 2009 and has been in contentious litigation with her ever since. Now, claims against Mahn's estate, including a $2.86 million arbitration award for Major Lindsey, are scheduled to be discharged, barring objections from creditors.
3 minute read
By Victoria Pfefferle-Gillot | June 10, 2024
The bankruptcy section of the Delaware State Bar Association (DSBA) is scheduled to hold a live CLE titled "Bankruptcy Nuts and Bolts 2024" from 9 a.m. to 12:30 p.m. on June 12.
1 minute read
By Michael A. Mora | June 7, 2024
"It is extraordinary that in this case, there were so many important details that were not included in the disclosure statement that are key to the ultimate decision of whether you approve the plan or not," said Adam Moskowitz, managing partner at the Moskowitz Law Firm.
5 minute read
By Schuyler Carroll and Tia Thevenin | June 7, 2024
Most make-whole provisions are enforceable outside of bankruptcy, but courts have issued conflicting decisions on their enforceability in Chapter 11 cases.
8 minute read
By James Sullivan | June 7, 2024
Updating the NY UCC will further New York's well-established policy of encouraging New York choice of law and jurisdiction in commercial contracts and will help facilitate ever-growing electronic commerce in New York.
8 minute read
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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