Daily Business Review | Commentary
By Samuel J. Capuano | March 27, 2023
What options does a middle-market company struggling to pay its debts have for relief? Three of the most popular are the out-of-court workout, reorganization and liquidation.
Daily Business Review | Analysis
By Alexander Lugo | March 22, 2023
"You could modify every single one of your debts without a single creditor voting in favor of the plan," Akerman partner Eyal Berger says of Subchapter V. "That's a huge departure, and it really gives incredible leverage to get companies restructured."
By Amanda Bronstad | March 22, 2023
On Wednesday, the U.S. Court of Appeals for the Third Circuit denied Johnson & Johnson's petition to rehear its Jan. 30 decision effectively dismissing its talc bankruptcy.
By Amanda Bronstad | March 21, 2023
U.S. Chief Bankruptcy Judge Jeffrey Graham, in Indianapolis, is set to take up the dispute over 3M CEO Mike Roman's possible deposition at a Wednesday hearing.
By Ellen Bardash | March 20, 2023
A complaint in the global Chapter 11 case was filed Sunday by Sullivan & Cromwell and Landis, Rath & Cobb attorneys "in response to serial threats" to relocate the case.
Delaware Business Court Insider | News
By Ellen Bardash | March 20, 2023
A complaint in the global Chapter 11 case was filed Sunday by Sullivan & Cromwell and Landis, Rath & Cobb attorneys "in response to serial threats" to relocate the case.
By Jack Womack | March 20, 2023
Swiss firms and US firms, including Davis Polk and Sullivan & Cromwell, appear to have taken to top roles on the 'emergency rescue' over the weekend to create a banking giant with a combined market capitalization of $65 billion.
By Patrick Smith | March 17, 2023
Longtime S&C senior chair Rodgin Cohen is representing First Republic, while Davis Polk is working with the 11 largest banks making investments in First Republic.
New York Law Journal | Analysis
By Edward E. Neiger | March 17, 2023
This issue of the Bankruptcy Update focuses on recent retail sector bankruptcy filings by Party City, Tuesday Morning and Independent Pet Partners.
The Legal Intelligencer | Commentary
By Steven M. Schain | March 16, 2023
Facing rising interest rates making capital even pricier, coupled with a highly saturated market competing for a limited customer base beset by plummeting prices and diminishing profit margins, it's unclear whether Skymint will be liquidated or reorganized or how other cannabis companies will avoid suffocation during history's most lucrative marijuana market.
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