Delaware Business Court Insider | Expert Opinion|Q&A
By Kenneth Artz | November 15, 2021
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."
Delaware Business Court Insider
By Ellen Bardash | November 15, 2021
Sontchi is set to take on the role of an international judge focusing on insolvency matters for the Singapore International Commercial Court while privately continuing mediations and arbitrations in Delaware after retirement.
Delaware Business Court Insider
By Amanda Bronstad | November 11, 2021
Two related bankruptcies were in nearby Delaware, and about 35,000 of the lawsuits were in multidistrict litigation in New Jersey.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Elisa Hyder | November 11, 2021
In Burton v. Maney (In re Burton), 610 B.R. 633 (B.A.P. 9th Cir. 2020), the Bankruptcy Appellate Panel of the U.S. Court of Appeals for the Ninth Circuit…
Delaware Business Court Insider
By P.J. D'Annunzio | November 10, 2021
Attorneys general from 41 states, along with Puerto Rico and Guam, have issued a statement in support of legislation before Congress geared toward stopping corporations from venue-shopping bankruptcy cases.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Marcy J. McLaughlin Smith | October 28, 2021
Nowhere else is the old saying "you can't escape death and taxes" better exemplified than in Chapter 11. Under the Bankruptcy Code, debtors are subject to stringent reporting and fee requirements imposed by the Department of Justice and the Office of the U.S. Trustee.
Delaware Business Court Insider | News
By Amanda Bronstad | October 27, 2021
Joseph Satterley, of Kazan, McClain, Satterley & Greenwood in Oakland, said Johnson and Johnson "cherry-picked" a court in North Carolina, which did not pay off.
Delaware Business Court Insider | News
By Amanda Bronstad | October 18, 2021
The plan is to compensate plaintiffs with current and future tort claims through a $2 billion trust fund, according to bankruptcy filings.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | October 14, 2021
U.S. Bankruptcy Court Judge John T. Dorsey for the District of Delaware ruled that a supplier's receipt of payment under a critical vendor order does not bar the debtor or trustee from pursuing a preference claim to recover amounts paid prepetition to the vendor.
Delaware Business Court Insider | Commentary
By Lawrence J. Kotler | October 13, 2021
Recently, the U.S. Bankruptcy Court for the District of Delaware issued a memorandum opinion in support of oral ruling pursuant to Local Bankruptcy 8003-2, granting the motion of Robert Weinstein for entry of an order enforcing the sale order and granting related relief.
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