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News and information on bankruptcy and bankruptcy law
By Jennigay Coetzer | January 11, 2024
The team acts for major financial institutions, liquidators, business rescue practitioners and corporate entities.
2 minute read
By Kasvi Sehgal | December 19, 2023
South Korean e-commerce giant Coupang has stepped in to pull the London-based fashion retailer out of likely collapse.
3 minute read
By Amy Guthrie | December 13, 2023
The joint venture between Brazil's Vale and BHP has required extensive assistance from Cleary Gottlieb, Davis Polk, Sullivan & Cromwell, Norton Rose and more than a dozen Brazilian law firms in the wake of a devastating tailings dam collapse in 2015.
3 minute read
By Kasvi Sehgal | December 11, 2023
Austria-based Signa racked up debts numbering in the billions, it has been widely reported.
2 minute read
By Jack Womack | November 29, 2023
The regulator has opted against implementing a cap on the amount that can be claimed against its compensation fund, as the "the scale of consumer loss would be too large" and would lead to "an unacceptable loss in public confidence in solicitors".
2 minute read
By Jack Womack | November 15, 2023
Earlier this week, the UK's Serious Fraud Office arrested seven individuals and carried out searches across nine locations as part of a criminal investigation into Axiom Ince.
2 minute read
By Jack Womack | November 14, 2023
SFO investigators were accompanied by Metropolitan Police officers as they raided offices in locations in the South East of England early Tuesday morning.
2 minute read
By Kasvi Sehgal | November 7, 2023
The workspace pioneer, which made a Chapter 11 filing, has been struggling since its 'flopped' 2019 IPO and throughout the pandemic.
2 minute read
By Kasvi Sehgal | November 3, 2023
The lawyer previously worked as managing director on the credit team at KKR.
2 minute read
By Brian Yap | October 18, 2023
The distressed Chinese private property developer has been battling about $190 billion in total liabilities, coupled with nearly $11 billion in offshore debt and $6 billion in offshore loans.
2 minute read
By Amanda O'Brien | April 25, 2024
"The debtor is not a going concern, and its proposed plan will not maximize the value of the estate," U.S. Bankruptcy Judge Patricia Mayer said in an opinion.
4 minute read
By Amanda O'Brien | April 24, 2024
The firm acknowledged expected difficulties in convincing creditors to confirm its bankruptcy plan.
3 minute read
By Corinne Ball | April 24, 2024
In March, the Seventh Circuit held that the same safe harbor provisions in the Bankruptcy Code may also extend to leveraged acquisitions structured as a purchase of privately held stock.
10 minute read
Delaware Business Court Insider
By Lawrence J. Kotler | April 24, 2024
The equity owner asserted that the confirmation order that was previously entered by the court should be revoked based on the equity owner's claim that value was lost due to improper sale and marketing efforts by the debtors and its professionals both pre- and post-bankruptcy and, as such, they should have been "in the money" and entitled to a distribution under the confirmed plan.
11 minute read
By Amanda Bronstad | April 22, 2024
Friday's verdict against Johnson & Johnson, in Chicago's Cook County Circuit Court, is the first for a mesothelioma victim since two failed talc bankruptcies last year—and a groundbreaking win for Dallas-based Dean Omar Branham Shirley.
5 minute read
By Dan Roe | April 22, 2024
No Big Law firm has dominated the cash-strapped sector of retail like Kirkland & Ellis.
3 minute read
Delaware Business Court Insider
By Dan Roe | April 22, 2024
No Big Law firm has dominated the cash-strapped sector of retail like Kirkland & Ellis.
3 minute read
By Victoria Pfefferle-Gillot | April 22, 2024
The elder law and bankruptcy sections of the Delaware State Bar Association (DSBA) are scheduled to hold a live CLE on Wednesday, titled "Senior Citizens, Incompetents, and Bankruptcy."
1 minute read
By Dan Roe | April 22, 2024
As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read
By Amanda Bronstad | April 19, 2024
Thursday's verdict comes in the second ovarian cancer trial since Johnson & Johnson's failed talc bankruptcies last year.
3 minute read
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
We are seeking an associate to join our Employee Benefits practice. Candidates should have three to six years of employee benefits experienc...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
Duane Morris LLP has an immediate opening for a senior level, highly motivated litigation associate to join its dynamic and growing Employme...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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