Stevens & Lee
An important decision by the United States Court of Appeals for the Sixth Circuit may significantly impact withdrawal liability assessments.
Pryor Cashman LLP
Market uncertainty from pandemic-induced disruptions was exacerbated in March 2020, when news broke that prominent auction platform Paddle8 had sought Chapter 11 bankruptcy protection.
Partially walking back her prior pronouncements suggesting that she would rule to the contrary (which we previously wrote about here), on October 13, 2021, District Court Judge Colleen McMahon...
Morrison & Foerster LLP
This week, the Ninth Circuit explains the ins-and-outs of property abandonment under the Bankruptcy Code, and explores the government's privilege to withhold the identity of informants in discovery.
Reuters interviews Representative Cheri Bustos with respect to a bill she proposed last week, which would prevent executives of bankrupt companies who make more than $250,000 per year...
Reuters interviews Representative Cheri Bustos with respect to a bill she proposed last week, which would prevent executives of bankrupt companies who make more than $250,000 per year from receiving bonuses...
CNBC discusses the Labor Department's latest report on the U.S. labor market. According to the report, a record 4.3 million workers left their jobs in August...
To determine whether parties share a common interest or whether the exchange of documents between two parties waives work-product protection, courts will evaluate whether the parties are adverse.
On October 10, 2021, Judge Colleen McMahon of the U.S. District Court for the Southern District of New York entered a temporary restraining order, delaying implementation of Purdue Pharma's plan...
Barry Klayman and Mark Felger, writing in the Delaware Business Court Insider, review a recent decision by Vice Chancellor Slights of the Court of Chancery dismissing a claim that...
The Federal Court held that Mr. Picard was required to prove that the bank was "willfully blind" to the fraud.
Vedder, Price P.C.
Aviation Regulation Comparative Guide for the jurisdiction of United States, check out our comparative guides section to compare across multiple countries
Sheppard Mullin Richter & Hampton
Most restructuring professionals will tell you that there is no "typical" restructuring. That is absolutely true.
Reinhart Boerner Van Deuren s.c.
Shopko… Briggs & Stratton… Appvion (formerly Appleton Papers)… Harnischfeger… Bon-Ton… JHT Holdings… Arandell… Golden Guernsey Dairy. We tend to think of these companies as our own—Wisconsin-based...
According to Bloomberg's U.S. Bankruptcy Tracker, the amount of distressed bonds and loans traded in U.S. markets had the biggest weekly boost of this year.
In a somewhat unexpected development given his recent appointment to a second 14-year term a mere 5 years ago, Bankruptcy Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern District of New York...
The parties ultimately entered into a settlement that, if approved by the bankruptcy court, would result in the bidder receiving $4 million.
Bryan Cave Leighton Paisner LLP
As of May 2021, approximately 45 million Americans owe more than $1.7 trillion in student loan debt. For the arithmetically challenged, that means the average borrower has $38,000 in student loan debt.
Snell & Wilmer
The Paycheck Protection Program ("PPP") was a forgivable loan program administered by the US Small Business Administration...
Bloomberg Law discusses pending petitions for certiorari seeking the U.S. Supreme Court's review of lower courts'