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News and information on bankruptcy and bankruptcy law
By Lawrence J. Kotler and Elisa Hyder | March 22, 2024
Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
By Dan Roe | March 21, 2024
Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read
By Maria Dinzeo | March 21, 2024
Cineworld's former leadership team agreed to depart in return for $35 million.
3 minute read
By Brenda Sapino Jeffreys | March 18, 2024
Kirkland & Ellis seeks to be dismissed from a federal lawsuit filed against former U.S. Bankruptcy Judge David Jones that is connected to an undisclosed romantic relationship between Jones and Elizabeth Freeman, a former partner in Texas' Jackson Walker.
4 minute read
By Charles Toutant | March 15, 2024
"We're happy that this moment finally came and we still have a lot of work ahead of us," said John Baldante, a lawyer representing survivors of abuse.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | March 15, 2024
A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
3 minute read
By Edward E. Neiger, Marianna Udem and Joo Hee Park | March 14, 2024
This issue of the Bankruptcy Update column focuses on the recent biotech industry bankruptcy cases of Zymergen and Humanigen.
5 minute read
By Andrew Maloney | March 7, 2024
Clifford Chance joins Morrison Foerster, Seyfarth Shaw and Selendy Gay in making restructuring hires in recent days.
3 minute read
By Dan Roe | March 5, 2024
Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
By Dan Roe | March 5, 2024
Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
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