United States
Arnold & Porter
The U.S. Securities and Exchange Commission recently announced it had settled cease-and-desist proceedings against Malvern Bancorp Inc. and its former chief financial officer.
Pryor Cashman LLP
Debtwire published its August 2023 Restructuring Advisory Mandates Report, tracking new representations in corporate reorganizations, and Pryor Cashman is included among the most frequently appointed firms.
Wiley Rein
The United States Bankruptcy Court for the Northern District of Illinois, applying Illinois law, has held that an insured v. insured exclusion in a D&O policy bars coverage...
Seyfarth Shaw LLP
Silicon Valley Bank ("SVB") was closed by the FDIC and its primary prudential regulator on March 10, 2023, followed by Signature Bank two days later on March 12, 2023 and First Republic Bank, on May 1, 2023.
Jeffer Mangels Butler & Mitchell LLP
Every passing month seems to bring with it a new set of "market making" events that consistently catapults the deal and debt financing economy in a new direction.
Proskauer Rose LLP
Addressing an issue of first impression, the Second Circuit held recently that bankruptcy courts have inherent authority to impose non-nominal civil...
Parsons Behle & Latimer
On September 12, 2023, the U.S. Department of the Interior (DOI) led Interagency Working Group on Mining Laws, Regulations, and Permitting (IWG)...
Morrison & Foerster LLP
In an article authored for Global Turnaround, Howard Morris, Amrit Khosa, and Hee-Chan Kang discuss the UK's corporate insolvency and rescue regime, and whether "rescue culture" has gone too far.
Polsinelli LLP
As we have been discussing in prior updates, the bankruptcy case of Celsius Network LLC is reaching an important milestone as most creditors now have the ability to vote on the Plan of Reorganization proposed...
McLane Middleton, Professional Association
At the beginning of a business partnership, the focus is generally on developing a business plan in consideration of each partner's strengths, knowledge and financial contributions.
KI Legal
What is a receivership? A receivership is recourse available to secured creditors or lenders who seek the appointment of a court authorized neutral party to receive, preserve, or liquidate collateral pending...
AlixPartners
The verdict is in: Change is good, especially when it comes to product portfolios. When faced with ever-evolving markets, well-managed companies often shape and reshape their portfolios...
Polsinelli LLP
Chris Ward, Office Managing Partner of the firm's Wilmington office and Bankruptcy & Restructuring Chair talks with ABI Executive Director Amy...
Foley Hoag LLP
As previously discussed by Foley Hoag's attorneys in its Cannabis practice, a rescheduling of cannabis from a Schedule I Controlled Substance to a Schedule III Controlled Substance will provide cannabis businesses...
KI Legal
A preferential transfer is one made by an insolvent debtor within the 90-day period before filing a bankruptcy petition.
Goodwin Procter LLP
Much has been written about how to calculate the appropriate interest rate for the deferred cash payments a debtor may propose to pay to a rejecting secured creditor under a "cramdown"...
Finnegan, Henderson, Farabow, Garrett & Dunner, LLP
The following arguments will be available to the public live, both in-person and through online audio streaming.
KI Legal
A debtor who gives away property right before a bankruptcy filing may be found to have committed actual fraud.
Cowles & Thompson, PC
Generally, if a landlord terminates the lease, such termination cuts off the landlord's damages at the date of termination. Therefore, if a landlord terminates the lease on January 1, 2023...
Riker Danzig LLP
In the August 24, 2023 decision issued by the Colorado Court of Appeals, Division Two ("the Court"), in the matter of Bertoia v. Denver Gateway LLC, 2023 LEXIS 1285 (2023 COA), the Court decided...