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News and information on bankruptcy and bankruptcy law
By Hugo Guzman | December 5, 2023
Jason Guberman is sliding into the GC's seat as the company, now with slimmed-down ambitions, fights for profitability.
2 minute read
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.
8 minute read
By Victoria Pfefferle-Gillot | December 5, 2023
Bayard restructuring director Ericka F. Johnson spoke on a panel on Dec. 2, at this year's American Bankruptcy Institute (ABI) Winter Leadership Conference held in Scottsdale, Arizona.
1 minute read
By Jimmy Hoover | December 4, 2023
High court members note opioid victims' broad support for the deal despite the federal government's objection.
5 minute read
By Alexander Lugo | November 30, 2023
"The trend in restructuring is that the lawyers are getting much more creative in what options to use to actually restructure businesses, more so than they ever have," said Joe Pack, founding partner of Pack Law.
4 minute read
By Dan Roe | November 30, 2023
For law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of FTX is proving to be just as profitable as some of the most notoriously lucrative Chapter 11 proceedings.
3 minute read
By Lisa Willis | November 22, 2023
"This really opened my eyes to see how far I can push myself and what I can accomplish," said the Fort Lauderdale attorney.
4 minute read
By Brenda Sapino Jeffreys | November 16, 2023
"There is a lot that is not known. What happened here at least raises questions that require further inquiry," said Michael Richman, adjunct professor at University of Wisconsin-Madison Law School.
4 minute read
By Amanda Bronstad | November 15, 2023
On Tuesday, trustee Elissa Miller said she had agreed to pay $1.2 million to Stillwell Madison, a lender that had sued Girardi Keese in 2019 after he failed to pay back the full $5.1 million loan.
4 minute read
By Dan Roe | November 15, 2023
Robert Gordon arrives with more than 30 years of experience representing companies, creditors, directors and others in workouts and bankruptcy proceedings.
2 minute read
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