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Sheppard Mullin Richter & Hampton
In September 2017, Purdue Pharma L.P. ("Purdue") sued Collegium Pharmaceutical, Inc. ("Collegium") for infringement of US Pat. No. 9,693,961.
Mayer Brown
As a number of debt instruments issued several years ago in a relatively low interest rate environment now have their maturity date approaching in a much higher interest rate environment, borrowers are increasingly seeking to amend existing debt facilities to extend such maturities as an alternative to refinancing.
Duane Morris LLP
Distressed U.S. marijuana operators remain largely unable to access bankruptcy relief, an ongoing challenge in a tough industry where business failures are common.
Dickinson Wright PLLC
Aleanna Siacon recently co-authored an article, "On Using Collateral Estoppel to Deny Discharge," published in the Michigan Business Law Journal.
Dickinson Wright PLLC
Carolyn Johnsen's article was recently published by the Arizona Society of Healthcare Attorneys titled "Distress in Health Care - Risk and Remedy."
Proskauer Rose LLP
As you know from our prior alerts, creditors of borrowers formed as Delaware LLCs (as opposed to corporations) lack standing under Delaware law to sue directors for breaching fiduciary...
Carruthers & Roth
Any company that has experience borrowing money is also almost certainly familiar with the voluminous stack of documents that must be executed in connection with the taking out of a new loan.
Goulston & Storrs
Corporate restructurings are on the rise in 2024, as a slow burn of delayed insolvency from the COVID-19 pandemic works its way into bankruptcy court.
Seyfarth Shaw LLP
In a recent legal development that underscores the intricate interplay between federal bankruptcy law and the cannabis industry, a court case has emerged involving a bankruptcy filing by an employee of a cannabis company.
Ward and Smith, P.A.
A bankruptcy discharge relieves a debtor of their legal obligation to repay most debts. The Bankruptcy Code begins with a presumption of dischargeability for the honest but unfortunate debtor...
McDonald Hopkins
A recent opinion out of the United States Bankruptcy Court for the Northern District of Illinois evaluates interesting facts and circumstances surrounding non-monetary...
Lowenstein Sandler
In January 2024, the United States Bankruptcy Court for the Southern District of New York issued an opinion in the The Great Atlantic & Pacific Tea Company, Inc. bankruptcy case that tackled three fascinating preference-related issues.
Alvarez & Marsal
Sovereign governments in Asia, Africa, the Middle East and elsewhere are increasingly turning to sukuk (Islamic or sharia-compliant bonds) to meet their financing needs.
Holland & Knight
In In re Pack Liquidating, LLC (Pack Liquidating), the U.S. Bankruptcy Court for the District of Delaware held that bankruptcy courts have authority to grant creditors...
Ward and Smith, P.A.
The North Carolina Commercial Receivership Act celebrated its three-year anniversary in January, and we are beginning to see how it can be a powerful weapon for creditors who need to take control...
Foley Hoag LLP
In a March 2024 decision, the U.S. Bankruptcy Appellate Panel for the First Circuit (the "Panel") followed existing case law prohibiting debtors in businesses related to cannabis...
Katten Muchin Rosenman LLP
In the April episode of the TMA Chicago Midwest Podcast, host Paul Musser welcomed U.S. Bankruptcy Judge Timothy A. Barnes as his guest.
Holland & Knight
In this episode of "Counsel That Cares," bankruptcy attorney Tyler Layne is joined by Gibbins Advisors managing directors Clare Moylan and Ron Winters to discuss their company's annual healthcare bankruptcy report.
Stites & Harbison PLLC
In December 2023, the U.S. Supreme Court heard oral arguments in the case of Harrington v. Purdue Pharma, L.P., Case No. 23-124. Purdue Pharma is the drug manufacturer of the prescription opioid...
Harneys
A recent decision the Supreme Court of the State of New York has determined that the beneficial owners of bonds have standing to bring claims against the bond issuer and guarantors.
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