The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Elisa Hyder | February 11, 2021
In In re Tribune, 972 F.3d 228 (3d Cir. 2020), the U.S. Court of Appeals for the Third Circuit affirmed the confirmation of Tribune Co.'s Chapter 11 plan. In so doing, the court identified certain principles to be applied when determining whether a plan unfairly discriminates against a dissenting class of creditors.
New Jersey Law Journal | Analysis
By Joshua Denbeaux, Lee M. Perlman and Heidi Spivak | February 11, 2021
In this unique moment in time, bankruptcy practitioners and consumer protection counsel can, and should, work together and use their concerted expertise to move beyond the discharge.
New Jersey Law Journal | Analysis
By New Jersey Law Journal | February 1, 2021
PPP Loan Liability and Bankruptcy -- Defending Lawsuits to Recover Preferential Transfers -- Foreign Investors: Understanding the Chapter 11 Sale Process -- Thanks to 3d Cir, Creditors May Have Clearer Path to Pursue Plunderers of Bankrupt Company -- Considerations That Loom Large Over the Small Business Debtor
New Jersey Law Journal | Analysis
By Christopher P. Mazza and Rachel A. Parisi | January 29, 2021
This article highlights some recent decisions regarding the Small Business Reorganization Act, including, eligibility requirements, electing treatment under the SBRA, and considerations during the plan confirmation process.
New Jersey Law Journal | Analysis
By Kenneth L. Baum | January 29, 2021
In its recent decision in 'In re Wilton Armetale,' the Third Circuit removed one major obstacle to certain creditors by confirming that standing is not an obstacle to them taking the baton back from the trustee and continuing a litigation under some circumstances.
New Jersey Law Journal | Analysis
By Eric H. Horn and Heike M. Vogel | January 28, 2021
A look at the Chapter 11, section 363 sale process, and the less common plan process. Plus, certain US regulations may be applicable in Chapter 11 when assets are sold to foreign investors. These US regulations are also addressed in this article.
New Jersey Law Journal | Analysis
By John M. August | January 28, 2021
The Bankruptcy Code and state insolvency laws contain several defenses to the recovery of preferential transfers which often reduce or eliminate the preference exposure in many, if not most, cases. This article provides an overview of the defenses and suggestions to obtain the best settlement possible.
New Jersey Law Journal | Analysis
By Brett S. Theisen, Mark Conlan and Conor D. McMullan | January 27, 2021
Borrowers should carefully assess the accuracy of their loan applications, as well as the evidence of supporting documentation, prior to filing petitions for bankruptcy relief.
By Charles Toutant | January 22, 2021
As he recovers from the crash landing of his once-promising legal career, the attorney is spreading a message that law firms should pay more attention to the quality of associate life.
By Brenda Sapino Jeffreys | January 13, 2021
Three lawyers from Cole Schotz's Fort Worth and Dallas offices, led by Michael Warner, are moving to bankruptcy boutique Pachulski Stang Ziehl & Jones' new office in Houston.
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/