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News and information on bankruptcy and bankruptcy law
By Meganne Tillay | December 4, 2020
Talks at TUI Group, Debenhams, Leon, Bonmarché and Arcadia have all produced roles for firms.
1 minute read
By Meganne Tillay | November 30, 2020
The fashion empire is set to collapse into administration today, multiple news reports have said.
1 minute read
By Simon Lock | November 23, 2020
The U.K. Department for Transport is paying two law firms a total of £1.5 million for advice.
1 minute read
By Varsha Patel | November 9, 2020
Winning law firms included Al Tamimi & Company, Baker McKenzie and Fichte & Co Legal, but what made them victorious?
1 minute read
By Christopher Niesche | October 14, 2020
The government's economic stimulus and insolvency reforms expire on Dec. 31, and lawyers anticipate a rash of corporate collapses in the new year.
1 minute read
By Vincent Chow | October 8, 2020
Timothy Haynes joins from Walkers where he headed its insolvency and dispute resolution group in Hong Kong.
1 minute read
By Jessica Seah | October 7, 2020
Restructuring partner Nick Williams moves over.
1 minute read
By Sacha Luerken, Kirkland & Ellis | October 6, 2020
A draft bill to facilitate restructurings comes amid an expected COVID-19 corporate distress wave from January 2021.
1 minute read
By Meganne Tillay | August 20, 2020
Ashurst is advising the company's board as the oil and gas industry struggles with the impact of the COVID-19 pandemic.
1 minute read
By Amy Guthrie | August 4, 2020
A probe into more than $700 million of payoffs by the Brazilian construction giant has led to corruption charges against government officials across Latin America.
1 minute read
Delaware Business Court Insider
By Amanda Bronstad | December 18, 2023
The U.S. Supreme Court heard oral arguments this month in the Purdue Pharma bankruptcy about third-party releases in a case that could also impact the Boy Scouts of America's Chapter 11 plan next year.
5 minute read
By Law Journal Editorial Board | December 17, 2023
However 'Harrington v. Purdue Pharma' is decided, the deal leaves a bad taste.
6 minute read
By Andrew C. Kassner and Joseph N. Argentina Jr. | December 14, 2023
We are reporting on two recent decisions regarding distressed real estate bankruptcies, both of which involve rights of real estate lenders against proceeds of collateral other than the real estate itself.
8 minute read
By Edward E. Neiger and Marianna Udem | December 14, 2023
This issue of the Bankruptcy Update focuses on recent logistics industry bankruptcy cases of Yellow Corporation and Western Global Airlines.
5 minute read
By Ross Todd | December 13, 2023
Last year we were on point when we said to keep your eyes on mass torts and bankruptcy. Here's where we're focusing our gaze for the year to come.
5 minute read
By Emily Cousins | December 12, 2023
"There was no ambiguity as to their interpretation of the law," John Sodipo said. "This sets the precedent and gives cases similar a path to follow. They're saying the rule of law has got to be respected."
3 minute read
By Kenneth Aulet and Shari Dwoskin | December 8, 2023
This article focuses on the confirmation of BlockFi's Chapter 11 plan, and the lessons learned from the case.
8 minute read
By Amanda Bronstad | December 5, 2023
In a Tuesday motion, Johnson & Johnson said that Beasley Allen principal Andy Birchfield had struck an alliance with one of its former lawyers, James Conlan, at Faegre Drinker Biddle & Reath.
5 minute read
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
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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