New Jersey Law Journal | Analysis
By John M. August | January 28, 2022
You are attempting to collect a judgment for your client and your judgment-debtor files a bankruptcy petition. Now what? There are several steps you should take before and after a bankruptcy filing to protect your client's interests and to maximize their recovery.
New Jersey Law Journal | Analysis
By Sam Della Fera Jr., Robert Hornby and Michael Caruso | January 27, 2022
The Small Business Reorganization Act of 2019 created a new subchapter within Chapter 11 of the Bankruptcy Code—Subchapter V. This article provides an overview of Subchapter V provisions of which creditors should be aware.
New Jersey Law Journal | Analysis
By Jeffrey M. Rosenthal and Vincent J. Roldan | January 27, 2022
Johnson & Johnson is using a restructuring strategy known as the Texas Two Step. The dance card is now set, and many are watching to see how the New Jersey bankruptcy court will view this move.
New Jersey Law Journal | Analysis
By Barry Roy | January 26, 2022
When I heard in 2017 that Toys 'R' Us was on the verge of bankruptcy, the kid in me was crushed; the bankruptcy attorney in me was not the least bit surprised. Here's an account of what happened.
New Jersey Law Journal | Analysis
By Timothy P. Duggan | January 26, 2022
Valuation of real estate in Chapter 11 cases is challenging to begin with, and adding the effect of COVID-19 to the equation will make litigating valuation issues much more complicated. This article discusses a few cases that provide some guidance on what courts are looking at.
By Amanda Bronstad | January 21, 2022
After challenges to a U.S. trustee's action, New Jersey Chief Bankruptcy Judge Michael Kaplan on Thursday reinstated the original claimants' committee in the Chapter 11 case involving 38,000 talcum powder lawsuits against Johnson & Johnson.
New Jersey Law Journal | Analysis
By Kenneth L. Baum | January 14, 2022
If the Supreme Court eventually weighs in to resolve this circuit split, property owners, municipalities, and potential bidders for tax liens across the country will receive greater clarity on this critical issue.
By Amanda Bronstad | December 21, 2021
Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
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.
By Andrew Maloney | November 22, 2021
About 82% of respondents said they expected either moderate or high growth in bankruptcy next year.
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