In recent years, the Southern District of Texas and the Eastern District of Virginia have joined the Southern District of New York and District of Delaware as preferred jurisdictions for large corporate debtors to file for bankruptcy. These jurisdictions are sometimes referred to as “magnet jurisdictions.”
November 15, 2021 at 06:09 PM
13 minute read
The original version of this story was published on Texas Lawyer
To curb the practice of forum shopping by corporations filing for chapter 11 bankruptcy, Sens. Elizabeth Warren (D-MA) and John Cornyn (R-TX) reintroduced the Bankruptcy Venue Reform Act of 2021 in September 2021.
Texas Lawyer spoke recently with Thomas J. Francella, Jr., Marla S. Benedek and Frederick E. Schmidt, Jr. of Cozen O’Connor about the components of the act and what effects it could have on chapter 11 bankruptcy cases if it is signed into law.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
Credit: Anton_Ivanov/Shutterstock.com
