Michael J Riela

June 24, 2022 | New York Law Journal

Two recent District Court cases, 'In re Purdue Pharma' and 'Patterson v. Mahwah Bergen Retail Group' have called into question whether Bankruptcy Courts have the authority to approve non-consensual third-party releases.

By Michael J. Riela

8 minute read

April 29, 2020 | New York Law Journal

Distressed businesses that take proactive steps to preserve cash, cut costs, and increase liquidity will be better positioned to endure an uncertain economic environment. Similarly, creditors that act to limit their exposure to preference litigation can decrease their risk of surrendering the payments they received.

By Michael J. Riela and Richard W. Trotter

7 minute read