The Legal Intelligencer | News
By Amanda O'Brien | January 11, 2024
Pittsburgh-based shareholder James Newell will take over from Philadelphia-based Joe Dougherty in May.
The American Lawyer | Analysis
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
By Amanda Bronstad | December 18, 2023
The U.S. Supreme Court heard oral arguments this month in the Purdue Pharma bankruptcy about third-party releases in a case that could also impact the Boy Scouts of America's Chapter 11 plan next year.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | December 14, 2023
We are reporting on two recent decisions regarding distressed real estate bankruptcies, both of which involve rights of real estate lenders against proceeds of collateral other than the real estate itself.
The Legal Intelligencer | Commentary
By Lawrence J. Kotler | December 5, 2023
During the course of their bankruptcy case, the debtors filed a second plan of reorganization (the plan), in which they referenced a potential and unliquidated claim against an entity known as "ED&F Man." Although this "claim" was also listed on the debtors' schedules, no version of the plan or disclosure statement specifically identified the defendant by name or explained the nature of the claim the debtors intended to assert against this entity.
The Legal Intelligencer | Commentary
By Lawrence J. Kotler and Ryan Spengler | November 2, 2023
This ruling may result in more cannabis-related bankruptcy filings as sophisticated bankruptcy attorneys now have a framework for testing the trustee's historic opposition to bankruptcy protection for cannabis companies.
The Legal Intelligencer | News
By Amanda O'Brien | October 27, 2023
The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Brenden S. Dahrouge | October 26, 2023
In upholding the bankruptcy court's determination that the payment of insurance proceeds could be such a transfer, the Fifth Circuit underscored the complex interplay between state law, bankruptcy law and the rights of creditors in bankruptcy proceedings.
The Legal Intelligencer | News
By Amanda O'Brien | October 20, 2023
Diane Vuocolo and Kevin Ray have been working together for several decades.
By Greg Andrews | October 18, 2023
Because many Rite Aid stores are in communities without other pharmacies, Rite Aid had argued that canceling the pact would "put millions of lives at risk."
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