Bankruptcy Law and Insolvency Law

The Bankruptcy Court had held that that Wesco breached its obligations under certain indentures through a series of transactions that had the effect of impermissibly priming non-participating noteholders and, as a result, shifted distributions under Wesco's plan of reorganization to enhance recoveries of participating noteholders at the expense of non-participating noteholders

As more companies slide into bankruptcy, trustees are increasingly tasked with selling unconventional and hard-to-value assets — from aging bourbon barrels and unused tax credits to fine art...

Bankruptcy activity across the United States increased noticeably in 2025, marking one of the sharpest rises in more than a decade and reflecting mounting financial pressure...