The Legal Intelligencer | Commentary
By Lawrence J. Kotler and Ryan Spengler | August 12, 2024
The court found that the simple administration of certain ownership interests of retail cannabis dispensaries "is not in and of itself necessarily equivalent to administering marijuana assets." And, as such, a Chapter 7 trustee could administer and monetize these ownership interests without violating the law.
By Charles Toutant | August 9, 2024
Given that John Dunlea has been sentenced to five years in prison for his crimes, "he has no reasonable expectation of timely or adequately funding any plan of reorganization," McElroy Deutsch said in its motion to dismiss the bankruptcy petition.
Delaware Business Court Insider | News
By Ellen Bardash | August 8, 2024
Proponents of plans like the BSA's and Purdue Pharma's say they're the most efficient way to resolve tens of thousands of claims that would take significantly more time and resources to litigate separately in the tort system.
Delaware Business Court Insider
By Victoria Pfefferle-Gillot | August 7, 2024
Archer & Greiner announced that Natasha M. Songonuga has joined the firm's bankruptcy group as a partner in its Delaware office.
By Thomas Spigolon | August 7, 2024
Todd Meyers said Eversheds offered a growing finance practice and a global platform with nine U.S. offices and 65 global offices.
By Emily Saul | August 5, 2024
The decision means the former U.S. Attorney will soon face collections attempts by various creditors and a resumption of litigation.
By Mimi Lamarre | August 5, 2024
Rachel Strickland was chair of Willkie Farr's business reorganization and restructuring department. She joins Fried Frank with Daniel Forman and Andrew Mordkoff as partners.
By Emily Saul | July 31, 2024
Attorneys for Giuliani and others on Wednesday informed U.S. Bankruptcy Judge Sean Lane of the Southern District of New York that the parties had "conferred and reached an agreement" to settle outstanding costs and officially dismiss the proceeding.
By Dan Roe | July 30, 2024
A Monday court filing opposing Sullivan & Cromwell's motion to dismiss reiterated claims that the law firm aided the fraud at FTX.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Tori L. Remington | July 29, 2024
In a recent decision, the U.S. Supreme Court addressed the appropriate remedy for the prior discriminatory application of U.S. Trustee quarterly fees in Chapter 11 cases.
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