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International Edition

The Quincecare Lacuna Addressed?

The Tecnimont Arabia Limited v Natwest case is examining the duties banks hold, write partners from Signature Litigation.
6 minute read

New Jersey Law Journal

An Atypical Small Business Subchapter V Matter

A look at the Subchapter V bankruptcy case of a health plan trust—not your typical "small business" reorganization.
9 minute read

Connecticut Law Tribune

Photos: $73 Million Sandy Hook Settlement Pierces Federal Law—'Gun Industry Is Not Bulletproof'

A $73 million settlement to a seven-year legal battle against the maker of the semi-automatic rifle used in the Sandy Hook Elementary School massacre…
5 minute read

Litigation Daily

Litigators of the Week: The Latham & Watkins Duo Who Paved the Path for Mallinckrodt to Exit Bankruptcy

Despite objections from the U.S. Trustee, the SEC, the state of Rhode Island and others, Latham's Chris Harris and Betsy Marks were able to get judicial sign-off on the pharma company's reorganization plan, including a $1.7 billion settlement of opioid-related litigation.
10 minute read

International Edition

US Law Firms Slammed With Restructuring Work in Latin America

Cleary Gottlieb, Davis Polk and White & Case are among the busiest in a region where the economic difficulties of the pandemic have pushed plenty of companies to the brink of insolvency.
4 minute read

Pro Mid Market

Robinson+Cole Bankruptcy Co-Chair Talks Mid-Atlantic Expansion, 2022 Trends In Restructuring

"There's a lot going on generally where you see companies looking to bankruptcy as a means of resolving a large litigation that they can't really resolve in any other forum," said Robinson+Cole's Natalie Ramsey.
5 minute read

Delaware Law Weekly

New Accord in $2.7B Boy Scout Sex Abuse Settlement Unites Survivor Groups

Attorneys from 32 firms have indicated they'll be recommending their clients accept the plan, which was modified to address how settlement funds will be handled and put in place systems protecting future scouts from abuse.
3 minute read

The Legal Intelligencer

Section 502(b)(6): A Ceiling, Not a Method for Calculating Actual Damages

In In re East Penn Children's Learning Academy, (Bankr. E.D. Pa. Dec. 3, 2020), the U.S. Bankruptcy Court for the Eastern District of Pennsylvania made clear that Section 502(b)(6) of the Bankruptcy Code provides a statutory limitation—rather than a formula for the calculation—of a landlord's actual damages in the event of its tenant's breach.
7 minute read

New York Law Journal

Civil Contempt and the Bankruptcy Court's Authority To Incarcerate the Recalcitrant Contemnor

An important recent decision that merits discussion is 'In the Matter of Kossoff PLLC' because it discusses whether a bankruptcy court has the authority to incarcerate a person who has committed civil contempt.
6 minute read

International Edition

King & Spalding, Latham Advise on $2B Saudi Company Restructuring

Jubail-based Azmeel Contracting was one of the first Saudi companies to enter bankruptcy under a law that took effect in 2018.
3 minute read

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