By Ellen Bardash | August 10, 2023
Names of overseas creditors have been released by the bankruptcy court. The foreign creditors have formed an ad hoc committee represented by Eversheds Sutherland.
Delaware Business Court Insider | Q&A
By Ellen Bardash | August 10, 2023
Names of overseas creditors have been released by the bankruptcy court. The foreign creditors have formed an ad hoc committee represented by Eversheds Sutherland.
The Legal Intelligencer | Commentary
By Lawrence J. Kotler, Esq., and Drew S. McGehrin | August 10, 2023
The Bankruptcy Court thoroughly examined this issue and found that the "upload" time of a bankruptcy filing—and not the time physically "stamped" on a bankruptcy petition—determines when a case is commenced. In doing so, the Bankruptcy Court offered direction and guidelines that debtors and creditors will be well advised to observe in future cases.
By Adolfo Pesquera | August 8, 2023
The secured creditors' arguments would render the main point of the plan, and the last three years of litigation, meaningless, U.S. Bankruptcy Judge Marvin Isgur said.
By Dan Roe | August 7, 2023
The company, with $1.5 billion in outstanding debt, is among several high-profile debtor representations for Kirkland this year.
By Patrick Smith | August 7, 2023
A five-partner restructuring team is the latest to leave Stroock for Morgan Lewis. Meanwhile, the New York firm said it has secured the votes needed to end its pension obligation, removing an obstacle for a merger.
By Andrew Maloney | August 7, 2023
Overall demand at midsize firms was up 3.7%, while Am Law 100 (0.3%) and Second Hundred (0.2%) firms are still below 1%.
By Dan Roe | August 3, 2023
Corporate filings are rebounding after two slow years, with Kirkland and its Texas-based dance partner leading the way.
By Christine Schiffner | August 2, 2023
"It's a high priority for me to invite open exchange, to encourage even the youngest members of our team to see that they can contribute right away if they really engage and roll up their sleeves and weave themselves into the fabric of the case in the firm," Selendy says.
By Lisa Willis | August 1, 2023
Attorney Glenn Moses attributes the uptick to "...a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing."
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