If you sold goods or services to a customer that filed Chapter 11 in the last two years, the window to prepare is right now. It closes the day the demand letter arrives.
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Unsealing a superseding eight-count indictment on 6/24, the DOJ has revived the ‘Financial Kingpin’ statute in its prosecution of Tricolor Founder.
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Contract law is about holding people to their promises. Bankruptcy law does just the opposite.
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A bipartisan bill would raise debt limits for Subchapter V and Chapter 13 bankruptcies, expanding access to lower-cost reorganization options.
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Understanding bankruptcy avoidance actions and the defenses available can make a significant difference for companies facing litigation exposure.
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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.
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A recent Fourth Circuit decision is instructive for multiemployer plans and the employers that contribute to them when there is a bankruptcy filing.
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The Supreme Court’s recent decision in the Hertz case underscores that a solvent debtor cannot have it both ways.
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A nonconsensual third-party release approved by a Mexican court can be enforced in the United States under Chapter 15 of the Bankruptcy Code.
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When financial distress emerges and a bankruptcy filing follows, insider lease agreements are subject to close review and scrutiny by the court.
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