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News and information on bankruptcy and bankruptcy law
By Adolfo Pesquera | April 2, 2024
"The law does not require punishing lenders who work in good faith with borrowers who wanted to work with lenders," U.S. Bankruptcy Judge Christopher Lopez said.
4 minute read
By Joseph Pack and Jessey Krehl | March 28, 2024
MCAs often contain onerous (and potentially illegal or unenforceable) provisions that end up causing more trouble than they are worth. Following is some general guidance based on our experience helping business owners navigate complex issues through all types of business and economic environments.
8 minute read
Delaware Business Court Insider
By Ellen Bardash | March 26, 2024
"The difficulty with valuing crypto assets as opposed to other assets is they have no inherent value," a bankruptcy judge observed.
4 minute read
By Amanda Bronstad | March 26, 2024
Johnson & Johnson's worldwide vice president of litigation, Erik Haas, and Jim Murdica, outside counsel at Barnes & Thornburg, testified on Monday that they were shocked to find out a former member of their team had been working with plaintiffs' lawyer Andy Birchfield as early as April 2023.
6 minute read
By Brenda Sapino Jeffreys | March 25, 2024
Like other defendants, Jackson Walker asks a judge to dismiss a suit filed by an unhappy litigant that seeks fee forfeiture in a bankruptcy handled by former U.S. Bankruptcy Judge David Jones.
4 minute read
By Adolfo Pesquera | March 25, 2024
The parties have been in litigation for nearly a decade.
5 minute read
By Michael L. Cook | March 25, 2024
When courts have made important exceptions in the past year, they have either added a gloss on the Judicial Code, corrected lawyers' errors, filled in statutory gaps, or clarified the relevant statutory language.
11 minute read
By Lawrence J. Kotler and Elisa Hyder | March 22, 2024
Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
By Dan Roe | March 21, 2024
Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read
By Maria Dinzeo | March 21, 2024
Cineworld's former leadership team agreed to depart in return for $35 million.
3 minute read
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