United States: Insolvency/Bankruptcy

In his latest article for The Bankruptcy Strategist titled, "Third Circuit's Mootness Debate Avoids Reversal of Confirmation Order," Schulte Roth & Zabel of counsel Michael L. Cook explains the Third Circuit's dismissal of two tort claimants' appeals in the Boy Scouts of America reorganization case on the ground of statutory mootness.

As economic pressures mount—higher interest rates, tighter credit, rising labor and material costs—experts warn of a potential surge in corporate bankruptcies.

Pryor Cashman Partner Joseph Shifer, a member of the firm's Bankruptcy, Reorganization + Creditors' Rights Practice, was featured in Bloomberg's coverage of Manhattan Country School's ongoing financial crisis...