Delaware Business Court Insider | News
By Steven A. Meyerowitz | November 4, 2019
The Supreme Court of Delaware has ruled that claims brought by a bankruptcy trustee against Verizon Communications Inc. were not securities claims for purposes of various insurance policies because the claims did not allege any violation of regulations, rules or statutes regulating securities.
By Steven A. Meyerowitz | November 4, 2019
The Supreme Court of Delaware has ruled that claims brought by a bankruptcy trustee against Verizon Communications Inc. were not securities claims for purposes of various insurance policies because the claims did not allege any violation of regulations, rules or statutes regulating securities.
By Raychel Lean | November 1, 2019
"Equally important for success as a professional and on the bench, he is one of those people who can quickly digest a mountain of detail and grasp the true kernel of a matter," said U.S. Bankruptcy Judge Erik Kimball of his colleague's February 2020 retirement.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Kenneth A. Listwak | October 31, 2019
In the day-to-day practice of bankruptcy law, it may occasionally be tempting to dismiss "reservation of rights" language as unnecessary or unimportant—after all, a pragmatically minded court will consider the economic reality of the case before it, placing greater importance on the overall transaction at hand.
By Samantha Stokes | October 29, 2019
While Kirkland is advising Murray Energy, Davis Polk is representing an ad hoc lender group. The Chapter 11 filing is the latest sign that troubled coal companies continue to bring big business to law firm restructuring teams this year.
By Samantha Stokes | October 29, 2019
The early warnings have been hard to miss, especially compared to the last big downturn. And law firms are taking heed.
By P.J. D'Annunzio | October 28, 2019
In an issue of first impression, the Third Circuit tackled the question of whether a car dealership violated bankruptcy law by not immediately returning a repossessed 2008 Corvette after the owner filed a petition. There is a split among circuits on the issue.
Daily Business Review | Commentary
By Charles M. Tatelbaum | October 25, 2019
Although the housing bubble was listed as the cause of the great recession a decade ago, it was only a significant contributing factor, with a number of others that "broke the camel's back."
The Legal Intelligencer | Commentary
By Steve Schain | October 25, 2019
Most businesses fail, marijuana businesses fail more greatly, but neither marijuana businesses, nor their owners, are entitled to bankruptcy law protection.
Daily Business Review | Commentary
By Zach Shelomith | October 24, 2019
A Chapter 11 bankruptcy is not an easy process. While it can provide breathing room to negotiate with creditors and allow businesses a chance to continue operating, it is expensive, complicated and typically favors larger companies.
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