By Dan Packel | June 7, 2019
The defunct firm says the clawback deal will expedite the resolution of Chapter 11 proceedings, but creditors have vowed to fight it.
By Dan Packel | June 7, 2019
The defunct firm says the deal will expedite the resolution of its Chapter 11 proceedings, but creditors are fighting it.
By Katheryn Tucker | June 7, 2019
The U.S. Court of Appeals for the Eleventh Circuit is seeking comment on the reappointment of two South Florida bankruptcy judges.
By Katheryn Tucker | June 7, 2019
The U.S. Court of Appeals for the Eleventh Circuit invited “members of the bar and the public” to “to submit written comments for consideration by the Court of Appeals concerning the reappointment” of these four bankruptcy judges.
By Scott S. Markowitz | June 7, 2019
The pendulum has definitely swung.
By Daniel A. Lowenthal | June 7, 2019
How do bankruptcy judges resolve the competing desires of buyers and tenants? Must buyers bid for property knowing that tenants might have the right to stay if their leases are rejected? Are tenants in jeopardy that they might have to move elsewhere to live or work?
By Christopher T. Greco, Spencer A. Winters and Derek I. Hunter | June 7, 2019
In this article, the authors discuss the successful going-concern sale of mall-based retailer Things Remembered, which stands as a testament to the benefits of the Chapter 11 process and the commercial and practical approach that must be utilized in large retail Chapter 11 cases. This case demonstrates that going-concern retail sales are possible to save businesses, even in the current retail climate, if debtors can articulate a sufficient business need for speed.
By Christopher T. Greco, Spencer A. Winters and Derek I. Hunter | June 7, 2019
In this article, the authors discuss the successful going-concern sale of mall-based retailer Things Remembered, which stands as a testament to the benefits of the Chapter 11 process and the commercial and practical approach that must be utilized in large retail Chapter 11 cases. This case demonstrates that going-concern retail sales are possible to save businesses, even in the current retail climate, if debtors can articulate a sufficient business need for speed.
By Rena Andoh and Kate Ross | June 7, 2019
Standing orders may cause issues by leaving undecided the allocation of attorney-client privilege and work product protection between the debtor and committee.
By Rick Antonoff | June 7, 2019
Courts are divided on the issue of whether the fraudulent transfer recovery provision applies extraterritorially.
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