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By Barbara M. Goodstein | April 5, 2023
Since 1990, the UCC Permanent Editorial Board (PEB), has issued 27 commentaries interpreting the UCC or its Official Comments, the most recent of which the authors discuss here.
8 minute read
By Alexander Lugo | March 22, 2023
"You could modify every single one of your debts without a single creditor voting in favor of the plan," Akerman partner Eyal Berger says of Subchapter V. "That's a huge departure, and it really gives incredible leverage to get companies restructured."
4 minute read
Delaware Business Court Insider
By Ellen Bardash | March 20, 2023
A complaint in the global Chapter 11 case was filed Sunday by Sullivan & Cromwell and Landis, Rath & Cobb attorneys "in response to serial threats" to relocate the case.
3 minute read
By ALM Staff | March 14, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Colleen Murphy | March 10, 2023
"Faced with this conflicting and rather spare evidentiary record, we perceive no error in the court's determination that Philpot had failed to carry his burden of proving that lender's cause of action arose in any particular state other than Utah," stated Harris.
5 minute read
By Collin Binkley | The Associated Press | March 2, 2023
"It felt like people who could never understand why we would want something like this," said Niara Thompson, a University of Georgia student. "I wanted to be like, 'Y'all don't understand. Y'all are focusing on this, but there's people out here who are struggling to find food for their families.'"
5 minute read
By Jason Grant | February 8, 2023
"Consumers facing repossession and collection actions on their vehicles deserve clear and transparent information from auto lenders," said Massachusetts Attorney General Joy Campbell. Her office noted that more than 500 borrowers across Massachusetts are expected to be eligible for relief under the $7.6 million settlement, which includes about $5.5 million in debt relief funds.
3 minute read
By Barbara M. Goodstein | February 1, 2023
The key takeaway from the appeal court's analysis is obvious. Although waiver language can be broadly written, a waiver of defenses associated with standard guaranty "absolute and unconditional" language may not, in and of itself, waive a defense based on the statute of limitations.
8 minute read
Delaware Business Court Insider
By Ellen Bardash | January 24, 2023
The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
By Dan Roe | January 20, 2023
Former chief compliance officer Daniel Friedberg filed an eleventh-hour declaration against the law firm's retention.
3 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement