Delaware Business Court Insider | News
By Tom McParland | November 19, 2018
The dress retailer filed for bankruptcy Monday morning in U.S. Bankruptcy Court for the District of Delaware, with a deal to keep its stores open during restructuring.
By Brian Baxter | October 23, 2018
Joseph DiPasquale, a former name partner at Trenk DiPasquale Della Fera & Sodono, has joined the firm in New Jersey.
By Brian Baxter | October 5, 2018
American Tire and Mattress Firm have turned to both Am Law 100 firms for counsel on their restructuring efforts.
Delaware Business Court Insider | News
By Tom McParland | September 24, 2018
A Delaware federal judge has ruled that bankruptcy courts have the constitutional authority to grant third-party liability releases in confirming restructuring plans without creditor consent.
Delaware Business Court Insider | News
By Tom McParland | September 13, 2018
The U.S. Court of Appeals for the Third Circuit on Thursday upheld a Delaware Bankruptcy Court's decision to block a Florida-based energy company from collecting a $275 million merger termination fee against the bankruptcy estates of Energy Future Holdings Corp. and a subsidiary.
By Tom McParland | September 11, 2018
The U.S. Court of Appeals for the Third Circuit has begun its search for two temporary bankruptcy judges in Delaware, nearly 10 months after Congress passed legislation to provide reinforcement for one of the busiest bankruptcy courts in the nation.
By Tom McParland | August 15, 2018
The U.S. Court of Appeals for the Third Circuit on Tuesday said that insurers of bankrupt mining company W.R. Grace & Co. could be on the hook for asbestos exposure claims, leaving the issue to a bankruptcy judge to decide.
By Lizzy McLellan | July 13, 2018
Delaware bankruptcy attorney Thomas Francella Jr. is Cozen O'Connor's seventh partner in Wilmington.
New York Law Journal | Expert Opinion
By Corinne Ball | June 27, 2018
In her Distress Mergers and Acquisitions column, Corinne Ball discusses the case "Franchise Services of North America" and writes: The importance of this case rests upon the threshold determination that relief from provisions in the certificate of incorporation granting rights to bona fide investors must be sought in the relevant state court, even when the remedy sought is the exercise of a federal right, generally exercised by fiduciaries that are required to act in the corporation's best interests.
By Kenneth Pasquale and Isaac Sasson | June 8, 2018
As the credit markets have slowly tightened and borrowers look for creative solutions to delever and refinance their balance sheets outside of bankruptcy, it is important to keep in mind that a transfer that is otherwise allowed under a borrower's debt documents may still be attacked if there are indicia that the transfer is for “all or substantially all” of the borrower's assets.
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