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September 20, 2021 | Delaware Business Court Insider

New Bankruptcy Filings Hit 'Historic' Slowdown As Pandemic Lingers

A new report said that more than 291,000 new bankruptcy cases were filed across all chapters through the first eight months of 2021. That represents a 26.3% decline from the same period a year prior, the report authors said.
3 minute read
September 20, 2021 | New York Law Journal

'Simply a Delay'?: Decline in New Bankruptcy Filings Has Hit Law Firms During the Pandemic

A new report said that more than 291,000 new bankruptcy cases were filed across all chapters through the first eight months of 2021. That represents a 26.3% decline from the same period a year prior, the report authors said.
3 minute read
September 18, 2020 | New York Law Journal

SBRA Proves Critical in Wake of Hardship Caused by COVID-19

The Small Business Reorganization Act of 2019 went into effect just in the nick of time when small businesses struggling from the wake of the pandemic need debt relief more than ever.
8 minute read
July 17, 2020 | Pro Mid Market

Who Got the Work: Sur La Table's Restructuring and Artist Authorship

Cole Schotz serves as restructuring counsel for Sur La Table in its Chapter 11 bankruptcy filing, Pryor Cashman represents an artist who claims her work was misrepresented by a gallery and online sales platform, and other work from midsize firms.
2 minute read
February 08, 2017 |

Three Firms Pump Fees From Bankrupt Bahamian Oil Shipper

Ultrapetrol Bahamas Ltd., a company that floats energy boats throughout South America, filed for bankruptcy in New York on Feb. 6. Zirinsky Law Partners, a firm formed last year by a former top bankruptcy partner at three Am Law 100 firms, is advising Ultrapetrol along with Hughes Hubbard & Reed and Seward & Kissel.
27 minute read
February 22, 2016 |

Drafting Critical for Bankruptcy 'Make-Whole' Provisions

John Ashmead, Ronald Cohen and Michael Tenenhaus review decisions over the last few years that addressed whether make-whole provisions should be honored or viewed as an unenforceable penalty or as unmatured interest disallowed under the Bankruptcy Code. One thing is very clear from their review, they write: Careful drafting of make-whole provisions is critical to enforcement.
11 minute read
January 11, 2016 |

Arch Coal Taps Davis Polk in Latest Mining Bankruptcy

The filing comes just weeks after senior lenders successfully blocked a debt swap deal that might have averted Chapter 11 for the mining juggernaut.
2 minute read

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