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News and information on bankruptcy and bankruptcy law
By Kasvi Sehgal | February 15, 2024
The transactions come as statistics on Thursday showed the UK entered a recession towards the end of 2023.
3 minute read
By Rick Mitchell | February 6, 2024
Many factors, including heavy debt loads and tight financing markets, are making troubled companies prime M&A targets, either for 'a change of control or for major carve-outs,' one lawyer said.
7 minute read
By Jessica Seah | January 30, 2024
Outside of China's property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
6 minute read
By Jessica Seah | January 29, 2024
In court, Evergrande was represented by Des Veoux Chambers silk, Jose-Antonio Maurellet, SC. Advising on its restructuring is Sidley Austin.
4 minute read
By Jennigay Coetzer | January 11, 2024
The team acts for major financial institutions, liquidators, business rescue practitioners and corporate entities.
2 minute read
By Kasvi Sehgal | December 19, 2023
South Korean e-commerce giant Coupang has stepped in to pull the London-based fashion retailer out of likely collapse.
3 minute read
By Amy Guthrie | December 13, 2023
The joint venture between Brazil's Vale and BHP has required extensive assistance from Cleary Gottlieb, Davis Polk, Sullivan & Cromwell, Norton Rose and more than a dozen Brazilian law firms in the wake of a devastating tailings dam collapse in 2015.
3 minute read
By Kasvi Sehgal | December 11, 2023
Austria-based Signa racked up debts numbering in the billions, it has been widely reported.
2 minute read
By Jack Womack | November 29, 2023
The regulator has opted against implementing a cap on the amount that can be claimed against its compensation fund, as the "the scale of consumer loss would be too large" and would lead to "an unacceptable loss in public confidence in solicitors".
2 minute read
By Jack Womack | November 15, 2023
Earlier this week, the UK's Serious Fraud Office arrested seven individuals and carried out searches across nine locations as part of a criminal investigation into Axiom Ince.
2 minute read
By Dan Roe | July 5, 2024
A lawyer admitted in 2014 could cost between $1,695 and $530, depending on which firm you hire.
2 minute read
By Dave Collins | The Associated Press | July 3, 2024
Creditors, including two former Georgia election workers who won a $148 million defamation judgment against the disbarred former New York mayor and adviser to former Presidential Donald Trump, are opposing his attempt to convert his bankruptcy into a liquidation.
4 minute read
By Victoria Pfefferle-Gillot | July 3, 2024
Joseph C. Barsalona II, partner in the bankruptcy, restructuring and creditors' rights practice at Pashman Stein Walder Hayden, is scheduled to be a featured guest speaker at the American Bankruptcy Institute's 2024 Mid-Atlantic Bankruptcy Workshop in Annapolis, Maryland.
2 minute read
By Angelo Castaldi | June 28, 2024
The U.S. Supreme Court has issued its most anticipated bankruptcy decision in recent memory. As the case's name—Hamilton v. Purdue Pharma—suggests, it stems from the company (Purdue Pharma) and the family (the Sacklers) at the center of the opioid pandemic that has claimed the lives of approximately 247,000 Americans from 1999 to 2019 alone.
4 minute read
By Brenda Sapino Jeffreys | June 28, 2024
Former U.S. Bankruptcy Judge David Jones has asked the chief bankruptcy judge in the Southern District of Texas to determine if he must testify at a deposition related to his romantic relationship with a former Jackson Walker partner.
3 minute read
By Emily Cousins | June 27, 2024
"This decision is a definitive rebuke of the Sackler family's abuse of the bankruptcy code," Connecticut Attorney General William Tong said.
3 minute read
By Jimmy Hoover | June 27, 2024
While recognizing the broad power of bankruptcy judges to discharge a debtor's debts, the court said "nothing permits a court to wipe a slate clean" for nondebtors such as the Sacklers when it comes to the future claims of third parties.
4 minute read
By Adolfo Pesquera | June 27, 2024
Invesco sued the lender plaintiffs and One Rock in New York State Court in December. Robertshaw's Feb. 15 bankruptcy filing in Texas stayed the New York litigation.
4 minute read
By Jimmy Hoover | June 27, 2024
While recognizing the broad power of bankruptcy judges to discharge a debtor's debts, the court said "nothing permits a court to wipe a slate clean" for nondebtors such as the Sacklers when it comes to the future claims of third parties.
4 minute read
By Corinne Ball | June 27, 2024
As recently discovered by a bidder following a bankruptcy sale, the 'Go Global Retail v. Dream on Me' decision once again confirms that there are limits to the protection provided by statutory mootness and bankruptcy court sale orders.
8 minute read
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Columbia Law School seeks an experienced lawyer with a background in criminal defense and a strong interest in community lawyering and clini...
WittKieffer is proud to partner with Mom's Meals in the search for their Director of Legal Affairs. Mom's Meals is an investor-owned compan...
Nutley Law firm concentrating in plaintiff's personal injury for plaintiff seeks an Attorney with three or more years of experience in New J...
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