News and information on bankruptcy and bankruptcy law
By Ellen Bardash | September 19, 2023
The U.S. Senate Judiciary Committee is examining the use of bankruptcy to sort out mass tort liability.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | September 19, 2023
Advocates for the "Texas two-step" argued it's the most efficient way to resolve tort claims en masse.
5 minute read
By Jeffrey B. Steiner and Megan Vallerie | September 19, 2023
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
By Monique D. Hayes | September 19, 2023
While "Painkiller" is a fictionalized account of the origins of the opioid epidemic, the investigations and legal proceedings referenced in the drama series have direct parallels to ongoing disputes in the highest courts of the nation.
5 minute read
By Richard J. Bernard and Roya Imani | September 17, 2023
In this article, Richard J. Bernard and Roya Imani explore the challenges faced by U.S. debtors aiming to qualify for Chapter 15 recognition.
9 minute read
By Emily Slater | September 17, 2023
US corporate bankruptcy filings are at the highest point since 2010, signaling a significant increase in bankruptcy activity for the first time since the legal finance industry emerged in the wake of the 2007-2008 financial crisis.
5 minute read
By Gregory Plotko and Marissa Higgins | September 17, 2023
In this article, Gregory Plotko and Marissa Higgins discuss in substance the most pressing issues for both landlords and tenants in the event of a WeWork bankruptcy filing under the U.S. Bankruptcy Code.
8 minute read
By Stuart I. Gordon and Alexandria E. Tomanelli | September 17, 2023
This article addresses the "Texas Two-Step" litigation strategy when it comes to bankruptcy and discusses whether this strategy of utilizing the Chapter 11 process to handle mass tort litigation claims is fair, effective and will survive the scrutiny of the courts.
7 minute read
By Robert W. Dremluk | September 17, 2023
On Aug. 10, 2023, the U.S. Supreme Court stayed a decision of the U.S. Court of Appeals for the Second Circuit that held that nonconsensual third-party releases of direct claims against nondebtors are statutorily permitted under sections 105(a) and 1123(b)(6) of the Bankruptcy Code and that the court's case law allows for nonconsensual third-party claim releases in specific circumstances.
8 minute read
By Jane Wester | September 12, 2023
U.S. District Judge Analisa Torres took the guilty plea from ex-lawyer John Roesser, who was a partner at a series of major firms.
3 minute read
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