The Legal Intelligencer | Commentary
By Jonathan W. Hugg | April 29, 2020
Unprecedented mass business shutdowns have detonated a chain reaction of unparalleled mass breaches of contract and lease defaults throughout the economy, dwarfing those of the Great Recession.
New York Law Journal | Analysis
By Michael J. Riela and Richard W. Trotter | April 29, 2020
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 Brenda Sapino Jeffreys | April 27, 2020
Pillsbury Winthrop Shaw Pittman added insolvency and restructuring lawyers from DLA Piper and Reed Smith as part of a strategy to rebuild the practice.
By Michael A. Mora | April 27, 2020
"Once you win all these things, other lawyers all over the country are looking at it and looking at the arguments," the attorney said. "Even if it's not binding, they will take the arguments and try to convince their judges in other parts of the country that this is the right answer."
By David Thomas | April 27, 2020
Suzzanne Uhland is the latest prominent bankruptcy and restructuring lawyer to swap firms as the coronavirus drives demand.
New York Law Journal | Analysis
By John J. Rapisardi and Joseph Zujkowski | April 27, 2020
Recently, two bankruptcy courts issued opinions in favor of midstream operators that either distinguish or expressly disagree with the Second Circuit's findings in the 'Sabine'. In their Bankruptcy Practice column, John J. Rapisardi and Joseph Zujkowski discuss the decisions and provide a checklist of key questions investors should consider in determining the likelihood that an upstream operator will be able to shed covenants made to a midstream operator if the upstream operator commences a Chapter 11 case.
Daily Business Review | Commentary
By Matthew S. Kish | April 27, 2020
Two recent developments will help many in the hospitality, restaurant and tourism industries avoid permanently shuttering their businesses due to the global COVID-19 pandemic.
Connecticut Law Tribune | News
By Michael Marciano | April 24, 2020
A recent videoconferenced bankruptcy court bench trial in Hartford was one of the state's first and went remarkably smoothly, according to top Connecticut bankruptcy attorney Craig Lifland, a partner with Halloran Sage.
By Frank Ready | April 24, 2020
Law firms are already starting to see an uptick in bankruptcy or restructuring casework, but the specialized nature of that niche could prevent tech companies in the space from seeing a boost in new customers.
New York Law Journal | Analysis
By Corinne Ball | April 22, 2020
In her Distress Mergers and Acquisitions column, Corinne Ball discusses a decision that confirms the importance of intercreditor agreements as determinative of rights as among the creditors subject to the contract. This decision gives weight to the view that the bankruptcy court is not an appropriate forum for what is strictly an intercreditor dispute.
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