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March 05, 2024 | The American Lawyer

Kirkland, Weil Contribute to 118% Uptick in Commercial Chapter 11 Filings

Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
March 05, 2024 | New Jersey Law Journal

NJ Work Contributed to 118% Uptick in Commercial Chapter 11 Filings

Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
October 31, 2023 | Texas Lawyer

As Bankruptcy Filings Rev Up, Law Firms in Texas May Boost Their Bankruptcy Teams

A new report from the Administrative Office of U.S. Courts shows that total bankruptcy filings for the federal fiscal year that ended on Sept. 30 increased by 13%, turning around a long drop.
5 minute read
October 25, 2023 | The American Lawyer

Kirkland & Ellis, Jackson Walker Continue Debtor-Side Dominance in Strong Q3 for Big Bankruptcy

Big Law bankruptcy practices are closing in on their best year since 2020.
3 minute read
October 05, 2023 | The American Lawyer

Commercial Bankruptcy Set to Rival 2020 If Current Trends Hold

Not since the global financial crisis have large corporate bankruptcies been as common as they are this year, according to a new report by New Generation Research.
3 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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September 27, 2023 | New York Law Journal

To Reinstate or Not To Reinstate Debt? That Is the Question in a Rising Interest Rate Environment

This article provides an overview of reinstatement, explores the facts that led the 'Charter' court to allow reinstatement and the 'Young Broadcasting' court to reject it and explains how the rising interest rate environment may affect Chapter 11 plan confirmations.
12 minute read
September 19, 2023 | New York Law Journal

Are Notes Sold as Part of Loan Syndication Securities?

In their Financing column, Jeff Steiner and Megan Vallerie discuss 'Kirschner v. JP Morgan Chase Bank,' which examines the question: "Are notes sold as part of loan syndication securities?"
6 minute read
September 07, 2023 | The Legal Intelligencer

Second Circuit Finds Syndicated Loan Notes Are Not Securities

The court affirmed the U.S. District Court for the Southern District of New York's decision that notes issued from the syndicated loan transaction were not securities under the application of the test set forth in the U.S. Supreme Court's decision in Reves v. Ernst & Young.
8 minute read
August 03, 2023 | The American Lawyer

Kirkland & Ellis, Jackson Walker Dominate Debtor-Side Bankruptcy as Restructuring Market Heats Up

Corporate filings are rebounding after two slow years, with Kirkland and its Texas-based dance partner leading the way.
3 minute read
June 29, 2023 | Daily Report Online

Appellate Ruling in Georgia-Pacific Case Underscores Divide on Limits of Bankruptcy Protections

Judges are divided on the use of the "Texas two-step," in which companies facing potential mass tort liability attempt to gain Chapter 11 protection from claims.
6 minute read

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