CCHI’s restructuring is emblematic of broader industry challenges and provides a potential new roadmap for cannabis enterprises navigating similar distress.

The post-Purdue lesson is that the enforceability of a third-party release may depend not only on what the release says, but on where and how it was approved.

A recent Fourth Circuit decision is instructive for multiemployer plans and the employers that contribute to them when there is a bankruptcy filing.

A nonconsensual third-party release approved by a Mexican court can be enforced in the United States under Chapter 15 of the Bankruptcy Code.

DIP financing is a specialized form of lending that allows a bankrupt company to borrow money after filing for bankruptcy protection.

When financial distress emerges and a bankruptcy filing follows, insider lease agreements are subject to close review and scrutiny by the court.

Receivers are faced with the usual obstacles of a cannabis receivership often paired with very large professional fees for lawyers and accountants.

In a ‘prepack bankruptcy’ the debtor negotiates a plan, solicits votes, and obtains the necessary votes in favor of the plan before the case is filed.

A Chapter 11 plan is often described as the heart of a bankruptcy case. A confirmed plan determines what the business looks like when the case is over.

Not all property bought in a 363 sale is free and clear of liens or encumbrances, as is shown in the case of a golf course and car dealership sale.