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News and information on bankruptcy and bankruptcy law
By Edward E. Neiger, Marianna Udem and Joo Hee Park | March 14, 2024
This issue of the Bankruptcy Update column focuses on the recent biotech industry bankruptcy cases of Zymergen and Humanigen.
5 minute read
By Andrew Maloney | March 7, 2024
Clifford Chance joins Morrison Foerster, Seyfarth Shaw and Selendy Gay in making restructuring hires in recent days.
3 minute read
By Dan Roe | March 5, 2024
Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
By Dan Roe | March 5, 2024
Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
Delaware Business Court Insider
By Ellen Bardash | March 5, 2024
The SEC's case against Terraform is scheduled to go to trial March 25, and the debtors' counsel moved last week for the bankruptcy court to allow Dentons to serve as special counsel.
3 minute read
By Amanda O'Brien | February 29, 2024
This is the fifth consecutive year in which net income growth surpassed 8.5%, coinciding with the course of the firm's five-year strategic plan.
6 minute read
Delaware Business Court Insider
By Ellen Bardash | February 29, 2024
The SEC has asked Judge Brendan Linehan Shannon to deny the application unless Dentons returns to Terraform the $81 million still available from its retainer and files engagement letters and agreements about payment with the court.
3 minute read
By Adolfo Pesquera | February 27, 2024
A former CEO alleges Jackson Walker and Kirkland knew of a judge's relationship with a partner "and used it to profit" by bringing tens of millions of dollars through the "Jones'-Freeman conduit."
5 minute read
By Andrew C. Kassner and Joseph N. Argentina Jr. | February 27, 2024
Continuing our series on distressed real estate cases, we again decided to report on two cases that present different issues. One involves the debtor's sale of real estate over the objection of the secured lender, which was approved. The other involves a debtor's attempt to enjoin a construction bond company from continuing to pay claims by subcontractors after the filing of the bankruptcy case, which was denied.
10 minute read
By Dan Roe | February 27, 2024
Class-action plaintiffs and an appellate judge are curious about the regulatory and M&A work Sullivan & Cromwell did for FTX before the exchange collapsed.
7 minute read
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