Cullen and Dykman
In prior legal alerts, we have discussed the subject of dischargeability of student loan debt and the factors courts will consider when deciding whether the student loan debts impose...
In In re Arcapita Bank B.S.C., 2021 WL 1603608 (Bankr. S.D.N.Y. Apr. 23, 2021), the U.S. Bankruptcy Court for the Southern District of New York...
In what may be the beginning of the final chapter of more than a decade of litigation involving efforts to recover $41 million of the fictitious profits paid to certain investors
In cases under both chapter 15 of the Bankruptcy Code and its repealed predecessor, section 304, U.S. bankruptcy courts have routinely recognized and enforced orders of foreign bankruptcy and insolvency courts as a matter of international comity.
McLane Middleton, Professional Association
One common interaction businesses have with the United States bankruptcy system is the unfortunate experience of being a defendant in a preference action.
Herrick, Feinstein LLP
Philadelphia Entertainment and Development Partners LP, the bankrupt limited partnership that did business as Foxwoods Casino Philadelphia ("Foxwoods")...
Reuters reports that Limetree Bay refinery in the U.S. Virgin Islands, which filed for chapter 11 bankruptcy protection on July 12, 2021, requires at least $1 billion in funding in order to continue operating as a going concern.
Recently, on July 13, 2021, the Chief Judge of the United States District Court for the District of Delaware issued a Revised Standing Order lifting the requirement
With more than $1.7 trillion in student loan debt outstanding in the United States, student loan borrowers sometimes try to turn to the bankruptcy courts for relief, often without success due ...
Shearman & Sterling LLP
On May 6, 2021, the United States Bankruptcy Court for the Southern District of Texas (the "Court") issued a Memorandum Opinion in In re Sanchez Energy Corp.,
Haynsworth Sinkler Boyd
On March 27, 2020, the federal government passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing relief to a wide array of individuals and industries.
Riker Danzig Scherer Hyland & Perretti
The Eleventh Circuit recently affirmed a Bankruptcy Court and held that dismissal of an underlying bankruptcy case did not divest the Bankruptcy Court of jurisdiction in related quiet title action.
Bryan Cave Leighton Paisner LLP
Nearly sixty years ago, Justice Hugo Black wrote that the Bankruptcy Act of 1898 "simply does not authorize a trustee to distribute other people's property among a bankrupt's creditors."
Cullen and Dykman
Once again, a bankruptcy court has weighed in on the subject of discharging student loan debt in the context of a chapter 7 proceeding.
Stites & Harbison PLLC
With available vaccines and lifted restrictions, restaurant capacities have increased, moratoriums are ending, and handshakes abound.
Boiled down to its essence, mediation is a voluntary process of party self-determination, with the assistance of a third-party neutral, the mediator, that is informal, non-binding and free...
Brown Rudnick LLP
Episode 1 of the BR Guest show shines a light on Brown Rudnick's Law360 Bankruptcy Practice Group of the Year Award. Brown Rudnick was one of only five U.S. law firms recognized in the bankruptcy category.
Akin Gump Strauss Hauer & Feld LLP
Sounds like an odd combination—enforceability of make-whole and post-petition interest and patent law. It is. But relevant nonetheless.
Shipman & Goodwin LLP
The Third Circuit did not, however, settle the mystery of the missing ships and aircraft in the Bermuda Triangle.
Bloomberg reports on shifting dynamics in the retail sector caused by the COVID-19 pandemic