The Legal Intelligencer | Commentary
By Craig R. Tractenberg and Keith C. Owens | May 22, 2020
The purpose of this new section of the Bankruptcy Code is to allow business debtors and certain individuals with debts below $7.5 million to reorganize their obligations under in a much less expensive and streamlined manner.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Elisa Hyder | May 21, 2020
In In re Palladino, 942 F.3d 55 (1st Cir. 2019), the U.S. Court of Appeals for the First Circuit addressed whether a debtor receives "reasonably equivalent value" in exchange for paying his adult child's college tuition.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Brian Gleason | May 7, 2020
One obvious result of the current pandemic is that many businesses will fail. This is an uncomfortable truth. Those that survive will need significant help to navigate the multitude of issues they suddenly face.
The Legal Intelligencer | Commentary
By Steve Schain | May 1, 2020
For legalized marijuana, the coronavirus (COVID-19) pandemic has been the worst of times and the best of times.
The Legal Intelligencer | Commentary
By Jonathan W. Hugg | April 29, 2020
Unprecedented mass business shutdowns have detonated a chain reaction of unparalleled mass breaches of contract and lease defaults throughout the economy, dwarfing those of the Great Recession.
By Leigh Jones | Vanessa Blum | April 17, 2020
Randy Mastro, co-chair of the firm's litigation practice group, describes the growing wave of lawsuits.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | April 16, 2020
As we work remotely and prepare for the anticipated increase in bankruptcy filings caused by the COVID-19 pandemic impact on the economy, many practitioners are trying to compare this cycle to cycles past, going back all the way to the savings and loan crisis of the late 1980s.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Drew S. McGehrin | March 30, 2020
This decision underscores the need for precision and care in the drafting of loan documents, particularly with respect to the granting language contained in security agreements.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Alissa K. Piccione | March 12, 2020
Unlike normal trade obligations, mass tort claims, such as those arising from asbestos exposure, may involve a person whose injury has not yet manifested and thus, either was not aware that he or she holds a claim, or because no injury had manifested, not hold a claim that can be discharged.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | March 3, 2020
As we all know, understanding the applicable statute of limitations for bringing a claim is of critical importance. When bankruptcy is involved, the typical result under state law can be affected by a bankruptcy filing.
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