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New York Law Journal

Restructuring Plans of IT Companies Confirmed

In this issue of his Bankruptcy Update, Edward E. Neiger focuses on recent successful restructurings of information technology companies Riverbed Technology and GTT Communications.
4 minute read

National Law Journal

Rejection of Purdue Pharma Bankruptcy Deal Could Tee Up SCOTUS Review of Liability Releases

"The decision may embolden other judges who have had concerns about non-debtor releases but are typically told, playground style, 'but everyone is doing it,'" said law professor Melissa Jacoby.
5 minute read

New York Law Journal

Manhattan Federal Judge Rejects $4.3B Purdue Pharma Bankruptcy Deal

The ruling approving the settlement from the U.S. Bankruptcy Court was appealed by the U.S. Department of Justice and eight states, among others.
3 minute read

The Legal Intelligencer

Chapter 15's Use by Foreign Debtors as a Discovery Tool in the US

As one recent case out of the Southern District of New York demonstrates, Chapter 15 carries the potential to significantly impact not only the main foreign bankruptcy, but civil litigation in the United States as well.
9 minute read

Daily Business Review

What It Could Mean for Lawyers: How 1 Word in This Case Led 11th Circuit to Certify a Question to Florida Supreme Court

"This is almost a legal problem created by a failure of technology," said business attorney, David Winker.
4 minute read

The American Lawyer

Bankruptcy Boon Hopes Go Bust as Filings Reach Near-Historic Lows

Lenders' wait-and-see approach has kept bankruptcy filings suppressed, but lawyers are expecting that tide to turn by as soon as next year.
3 minute read

Legaltech News

Protecting Against Licensor Bankruptcy in Service and License Agreements: Utilizing Section 365(n)

Section 365(n) is a carve-out to the debtor's broad Bankruptcy Code power that allows a non-debtor counterparty the right to either accept the rejection of a contract/license or continue performing under the contract. Here's how licensees can use Section 365(n) to minimize the loss of the use of their intellectual property licenses in the event a licensor files for bankruptcy.
8 minute read

The Recorder

Judge Rules Trustee for Avenatti's Bankrupt Law Firm Can Pursue Fees From Ex-Partner's Cases

The adversary action against Avenatti's ex-law partner is among approximately two dozen filed by the trustee for the bankrupt law firm.
7 minute read

New York Law Journal

'Shoot the Moon': True Sales Versus Secured Loans

In this edition of her Secured Transactions column, Barbara M. Goodstein discusses a recent decision in which the judge held that simply calling a transaction a true sale does not make it so. Rather, in a detailed and heavily footnoted discussion, the judge ruled that a holistic set of factors should be considered in making that determination.
9 minute read

International Edition

Linklaters Among Quartet Advising As Bulb Energy Enters Administration

A host of firms have secured roles as the energy supplier collapses amid immense strain in the industry.
2 minute read

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