In this week's Legal Speak episode, legal recruiter-turned-career coach Steve Seckler delves into an oft-overlooked question in law firm succession planning: how do you prepare the current generation of legal leaders to pass the baton?
New York State Bar Association president T. Andrew Brown praised Hochul for signing the bill, noting that NYSBA's Task Force on the Parole System found that reimprisonment on technical parole violations was one of the largest drivers of mass incarceration.
In charting one's course through bankruptcy proceedings, there are specific pitfalls and considerations that debtors, creditors, and their legal and financial advisors should be aware of and approach carefully when preference actions are involved.
While some of the concerns regarding nonconsensual third-party releases may be valid, the Nondebtor Release Prohibition Act of 2021 goes too far in limiting what can, in the right circumstances, be a valuable tool in restructurings.
General experience with the §362 automatic stay in bankruptcy proceedings might lead counsel who are not bankruptcy specialists to conclude that the stay covers all parties in the same way, including government entities. The correct answer is both yes—and no.
This article provides a discussion of the June 9, 2021 decision 'In re KG Winddown,' where U.S. Bankruptcy Judge Martin Glenn clarified some unresolved issues about structured dismissals in Chapter 11 bankruptcy cases that stemmed from the 2017 U.S. Supreme Court decision in 'Czyewski v. Jevic Holding.'