Hughes Hubbard Bankruptcy Year-End Review For 2017

When a company enters Chapter 11 bankruptcy, many assume the process will culminate in a lengthy reorganization plan. However, distressed businesses are increasingly being sold through a different mechanism—a sale under Section 363 of the United States Bankruptcy Code. Understanding how Section 363 sales work can help business owners, lenders, investors, and prospective purchasers identify opportunities and avoid costly surprises in bankruptcy asset transactions.

Riveron's Q2 2026 Restructuring & Turnaround brief examines how companies across multiple industries are navigating elevated financial distress amid tighter credit conditions, rising debt maturities, and persistent operational pressures. The analysis explores sector-specific challenges from aerospace to retail, highlighting how management teams and lenders are addressing liquidity constraints and restructuring risks in an increasingly selective credit environment.

The U.S. alcohol industry, long regarded as recession-resistant and reliably profitable, is confronting an unprecedented convergence of headwinds. Tariffs, declining demand, rising interest rates, and novel competitive threats are pressuring businesses across the three-tier system.

In In re Nussbaum Lowinger LLP, the Bankruptcy Court for the Southern District of New York (the Court) dismissed Chapter 11 bankruptcy cases commenced by two law firms and did so in favor of their assignment for the benefit of creditors proceeding already pending in New York state court. This decision provides useful guidance for creditors, assignees, and debtors evaluating whether to move from a state law assignment for the benefit of creditors to a federal bankruptcy case.

Between 2023-25, venture capital funding for artificial-intelligence (AI) companies surged wellinto the billions.

The 2025 restructuring of the Ardagh Group S.A. (Ardagh or the company) capital structure unleashed one of the most controversial—and ultimately consequential—“Restructuring” credit event determination processes...

On June 27, the U.S. Supreme Court announced a 5-4 decision rejecting the nonconsensual releases of the Sackler family in the Purdue Pharma bankruptcy case. The split is an interesting alignment of

A U.S. bankruptcy court has recognized bar date orders from a Canadian asbestos restructuring proceeding, marking a significant development in cross-border mass tort resolution. The decision explores whether foreign insolvency proceedings can enforce claims deadlines on U.S. claimants when such procedures differ from domestic bankruptcy practice.

Moore & Van Allen attorney Reginald Sainvil examines the governance challenges and litigation risks that emerge when control of financially distressed companies shifts at the board level through "board flips."

Section 363 sales have become a routine feature of commercial bankruptcy cases, often determining recovery for secured creditors before a reorganization plan is even filed. Understanding the mechanics of credit bidding, adequate protection rights, and bid procedure negotiations can mean the difference between maximizing recovery and watching collateral sold under unfavorable terms.

On March 8, 2016, the United States District Court for the Northern District of Georgia preliminarily approved a proposed $19.5 million settlement of a class action lawsuit against Home Depot...

June 19, 2017 – The Administration and Congress took action on two fronts last week to stiffen sanctions against Cuba, Russia and Iran. While the specific policies and areas of emphasis might change...

On May 18, 2016, the U.S. government took further steps to ease its sanctions against Burma (Myanmar), although stopping short of totally lifting the sanctions.

If the new information is deemed to be a signal, CDRH convenes an in-house team of subject matter and regulatory experts.

April 7, 2022 - On April 6, 2022, in response to reports of atrocities by Russian forces against Ukrainian civilians in Bucha, the U.S. imposed additional sanctions on Russia

President Trump issued an Executive Order prohibiting certain transactions involving debt of the Government of Venezuelan or equity in entities majority-owned by the Government of Venezuela.

November 1, 2019 — Ryan Fayhee has been identified as one of the 25 most respected sanctions lawyers in Washington, D.C. by Global Investigations Review (GIR).

This week, the U.S. Department of Commerce announced two new investigations under Section 232 of the Trade Expansion Act of 1962, as amended, to determine the effects of certain imports...

On June 24, 2024, the European Union ("EU") adopted a fourteenth package of restrictive measures (sanctions) against Russia for its continued war of aggression against Ukraine.

On May 21, 2020, the U.S. Department of the Treasury published a proposed rule that would amend the scope of mandatory filings before the Committee on Foreign Investment in the United States.