New York Law Journal | Analysis
By Edward E. Neiger | December 27, 2017
Bankruptcy Update columnist Edward E. Neiger delves into the bankruptcy proceedings of True Religion Apparel, Toys “R” Us and Charming Charlie and their efforts to restructure rather than liquidate in the face of changing consumer preferences.
New York Law Journal | Analysis
By John J. Rapisardi and Joseph Zujkowski | December 12, 2017
In their Bankruptcy Practice column, John J. Rapisardi and Joseph Zujkowski begin an analysis of the long awaited Second Circuit opinion addressing objections to Momentive Performance Materials' Chapter 11 plan in 'In re MPM Silicones'.
New York Law Journal | Analysis
By Carlos J. Cuevas | December 6, 2017
Carlos J. Cuevas explores the use of the federal and state constructive fraudulent conveyance laws to avoid a pre-petition private school tuition payment by a Chapter 7 debtor for a dependent child.
New York Law Journal | Analysis
By Shmuel Vasser | December 6, 2017
Shmuel Vasser writes: The question of what defines a dysfunctional market, one that justifies the application of the DCF method, remains unanswered, leaving investors with continued uncertainty in the valuation of repo collateral in bankruptcy cases. Unless and until courts provide meaningful guidance, the resolution would remain speculative.
By Meghan Tribe | November 29, 2017
The Wall Street firm, which took on its first debtor side bankruptcy role nearly six years ago, is advising Pacific Drilling in its Chapter 11 case in Manhattan.
By Amanda Bronstad | November 6, 2017
A Georgia-Pacific LLC unit is blaming “abuses in the tort system” for the skyrocketing number of lawsuits that forced it to file for Chapter 11…
By Meghan Tribe | November 2, 2017
Michael Torkin, a rare lateral hire by Sullivan & Cromwell six years ago, has now left the firm.
New York Law Journal | Analysis
By Richard S. Fries | November 2, 2017
In this Outside Counsel article, Richard S. Fries begins a discussion of what a forbearance agreement—perhaps the most common commercial loan workout device—should look like.
New York Law Journal | Analysis
By Corinne Ball | October 25, 2017
In her Distress Mergers and Acquisitions column, Corinne Ball discusses two recent decisions that address whether a bankruptcy court has subject matter jurisdiction over and constitutional authority to approve third-party releases as part of plan confirmation process. In considering this question, albeit facing very different plans, the two courts came to different conclusions.
By Roy Strom | October 24, 2017
Paul Basta left Kirkland & Ellis' 15-member management committee in April. He has now resurfaced as co-leader of Paul Weiss' bankruptcy practice.
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