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Frequently, borrowers file for bankruptcy at the 11th hour to halt foreclosure sales. Once a petition for bankruptcy relief has been filed, ...
Mayer Brown
In a recent decision in In re Nuverra Environmental Solutions, Inc., No. 18-3084, 2021 WL 50160 (3d Cir. Jan 6, 2021)
Frankfurt Kurnit Klein & Selz
The Act also creates a new "Shuttered Venue Operator Grant" program.
Montgomery McCracken Walker & Rhoads LLP
As most know, the second COVID-19 relief package included another round of stimulus checks, an extension of the eviction moratorium, and expanded unemployment benefits.
Winston & Strawn LLP
Like many restaurant chains, Ruby Tuesday was devastated by the dining out restrictions imposed in light of the COVID-19 pandemic.
Mayer Brown
Bloomberg confirms that 2020 was the biggest year for large commercial bankruptcies since the Great Recession in 2009. Led by the energy, retail, and consumer services sectors...
Kane Russell Coleman Logan
Bankruptcy, Insolvency & Creditors' Rights attorney Joe Coleman presented to the AASA Aftermarket Volume Credit Group and provided valuable insight into how a creditor
On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (CAA 2021). Similar to the March 2020 CARES Act, several temporary changes to the Bankruptcy Code are included in Title X of the CAA 2021.
Cadwalader, Wickersham & Taft LLP
In Kravitz v. Samson Energy Co., United States Bankruptcy Court District of Delaware Judge Brendan L. Shannon held that if a debtor qualifies as a financial participant.
Proskauer Rose LLP
In the best of times, a chapter 11 reorganization is an uncertain and stressful process for all involved.
Pryor Cashman LLP
Partner Richard Levy, Jr. authored an article for the New York Law Journal.
Patterson Belknap Webb & Tyler LLP
Every so often, we post an article on case law discussing proofs of claim. The decisions often contain basic but important information about the timing and manner of claim filing.
Mayer Brown
As reported in Yahoo Finance, the first trading day of 2021 was off to a rocky start in the U.S. Despite progress on COVID vaccine distribution...
Varnum LLP
With the passage of the new Consolidated Appropriations Act of 2021 (the "Act"), many struggling but viable small businesses temporarily unable to pay rent can now file a Chapter 11 bankruptcy...
Ballard Spahr LLP
President Trump signed the Consolidated Appropriations Act, 2021 yesterday, December 27, 2020.
Thompson Coburn LLP
On December 27, 2020, the Consolidated Appropriation Act ("CAA") was signed into law.
Mayer Brown
Reporting from S&P Global shows that from January 1, 2020 through December 13, 2020, there were 610 commercial bankruptcy filings by public and private entities
Patterson Belknap Webb & Tyler LLP
In sophisticated real estate financing transactions, most prudent lenders attempt to deter borrowers from filing for bankruptcy before loans are paid ...
Ice Miller LLP
The United States Congress revived the age-old tradition of passing a lame-duck Christmas Tree appropriations bill to fund the government and provide a second wave of much-needed COVID-19 relief...
Ward and Smith, P.A.
The pandemic and its economic fallout are driving a range of legal and political shifts that businesses will likely face in the coming year, according to three Ward and Smith attorneys presenting...
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