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News and information on bankruptcy and bankruptcy law
By Amanda O'Brien | June 25, 2024
With the hires of David Posner and Gianfranco Finizio, Lowenstein has made three additions to its bankruptcy practice in as many months.
4 minute read
Delaware Business Court Insider
By Ellen Bardash | June 25, 2024
Several parties argued the disclosure statement that's part of the plan didn't meet the legal standard for approval, but Judge John T. Dorsey overruled their objections.
3 minute read
By Ellen Bardash | June 25, 2024
Several parties argued the disclosure statement that's part of the plan didn't meet the legal standard for approval, but Judge John T. Dorsey overruled their objections.
3 minute read
By Jane Wester | June 24, 2024
Chief Circuit Judge Debra Ann Livingston and Circuit Judges José Cabranes and Maria Araújo Kahn ruled that doubt existed as to whether Charter's actions violated the automatic stay attached to Windstream's Chapter 11 bankruptcy proceeding.
4 minute read
By Alexander Lugo | June 24, 2024
In 2019, the federal government created the Subchapter V bankruptcy filing option, which helped small businesses go through bankruptcy much quicker and with less fees. But after the U.S. Senate failed to pass a bill on Friday, the number of businesses that can qualify shrunk.
3 minute read
By Brenda Sapino Jeffreys | June 24, 2024
Greenberg Traurig expanded its restructuring and bankruptcy team with a Paul Hastings partner, and Dentons added a Reed Smith securities and M&A partner.
4 minute read
By Lawrence J. Kotler and Geoffrey A. Heaton | June 24, 2024
In a recent published decision, the U.S. Court of Appeals for the Ninth Circuit addressed a previously unresolved question in that circuit: whether a debtor's failure to properly schedule a debt in an "asset case" renders the debt nondischargeable.
7 minute read
By Paul A. Rubin and Hanh V. Huynh | June 20, 2024
A recent decision from Chief Judge Glenn of the Southern District of New York Bankruptcy Court provides clarity to creditors and debtors alike in cases where the parties' settlement negotiations include an agreement requiring a creditor to support the debtor's Chapter 11 plan.
11 minute read
By Amanda Bronstad | June 17, 2024
Monday's lawsuit comes less than a month after many of the same plaintiffs' firms sued to stop Johnson & Johnson's potential third talc bankruptcy.
5 minute read
By Adolfo Pesquera | June 17, 2024
Bondholders said the decision reinstating their claims restores the municipal market's understanding of the proper functioning of special revenue bonds.
3 minute read
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