By Jane Wester | December 16, 2021
The ruling approving the settlement from the U.S. Bankruptcy Court was appealed by the U.S. Department of Justice and eight states, among others.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Patrick M. Ryan | December 16, 2021
As one recent case out of the Southern District of New York demonstrates, Chapter 15 carries the potential to significantly impact not only the main foreign bankruptcy, but civil litigation in the United States as well.
By Michael A. Mora | December 13, 2021
"This is almost a legal problem created by a failure of technology," said business attorney, David Winker.
By Dan Roe | December 8, 2021
Lenders' wait-and-see approach has kept bankruptcy filings suppressed, but lawyers are expecting that tide to turn by as soon as next year.
Delaware Business Court Insider | News
By P.J. D'Annunzio | December 8, 2021
The Sacklers "had a long-term, calculated strategy to use a Purdue bankruptcy as a haven for their own wrongdoing, to protect their vast opioid wealth from their many victims," Connecticut Attorney General William Tong said.
By Richard Assmus, Matthew Wargin, Monique Mulcare and Danielle Corn, Mayer Brown | December 8, 2021
Section 365(n) is a carve-out to the debtor's broad Bankruptcy Code power that allows a non-debtor counterparty the right to either accept the rejection of a contract/license or continue performing under the contract. Here's how licensees can use Section 365(n) to minimize the loss of the use of their intellectual property licenses in the event a licensor files for bankruptcy.
By Meghann M. Cuniff | December 6, 2021
The adversary action against Avenatti's ex-law partner is among approximately two dozen filed by the trustee for the bankrupt law firm.
New York Law Journal | Analysis
By Barbara M. Goodstein | December 1, 2021
In this edition of her Secured Transactions column, Barbara M. Goodstein discusses a recent decision in which the judge held that simply calling a transaction a true sale does not make it so. Rather, in a detailed and heavily footnoted discussion, the judge ruled that a holistic set of factors should be considered in making that determination.
By Dan Roe | November 23, 2021
Aleida Martinez-Molina joined the Wynwood-based firm from Weiss Serota.
By Jessica Mach | November 23, 2021
Bruce Matson, who pleaded guilty in July and agreed to disbarment last year, will also have to pay a $10,000 fine, according to an order by Judge John Gibney Jr.
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