By John Bae and Alexander Andrews | September 16, 2022
This article summarizes the key challenges associated with solving the asbestos litigation problem through the Chapter 11 restructuring process, and explains why an out-of-court restructuring transaction may be a preferred alternative.
By Eric Wise | September 16, 2022
Recent developments in the credit markets and in restructuring practices have led to priming financings and non-ratable roll-ups of commercial credit agreement lenders into uptiered facilities in connection with out-of-court balance sheet restructurings.
By Michael Rosella and Dan McElhinney | September 16, 2022
This article considers how the due diligence language added to Bankruptcy Code §547(b) might be applied to potential preference claims in a cryptocurrency bankruptcy case.
By Daniel B. Besikof and Noah Weingarten | September 16, 2022
This article explores questions and potential intercreditor issues surrounding two crypto-related bankruptcy cases.
By Angela Turturro | September 12, 2022
In this Special Report: "New York's Latest Legislative Session: What Passed, What Didn't, What's Next," "Mental Health Directives in Estate Planning Engagements," "Practical Considerations When Attempting To Remove an Ineffective Fiduciary," "Maximizing QSBS Income Tax Savings With Trusts," "Being a New York Income Tax Resident: Did 'Matter of Obus' Change the Game?" and "Late Portability Election: New Relief Available."
By Sharon L. Klein | September 9, 2022
The second year of the 2021-2022 legislative session, which began on Jan. 5, 2022, ended on June 2, 2022. Here are some of the most significant developments.
By Moira S. Laidlaw | September 9, 2022
What if a client has a history of mental illness? Are advance directives sufficient to honor a client's treatment wishes and preferences in that moment? There is a greatly underutilized advance directive for such clients—the psychiatric advance directive (PAD).
By Robert S. Barnett and Gregory L. Matalon | September 9, 2022
The IRS has just changed the timeframe for filing a late portability election for federal estate tax purposes. This is extremely important to those who did not timely file a federal estate tax return (Form 706) when the first spouse died.
By Jeffrey B. Kolodny | September 9, 2022
Thoughtful planning can help taxpayers who own QSBS Shares multiply the QSBS Exclusion while simultaneously achieving their estate planning objectives.
By Maria F. Galante | September 9, 2022
Your client wants the fiduciary out, and you believe there is a basis for proceeding with removal. So, what is your next step?
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