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In a feature published by the Creditor Rights Coalition, Partner Phil Anker discusses the impact he anticipates the Purdue Pharma ruling may have on Chapter 11 cases not involving alleged mass tort liability.

The bankruptcy court enters summary judgment in favor of the plaintiff, holding a $1.8 million claim arising from a state court judgment non-dischargeable.

The district court affirms the bankruptcy court's dismissal of the claims against the debtor without prejudice.

The district court grants the appellee's motion and dismisses the appeal. The appellant had executed a settlement agreement with the Chapter 11 trustee, which was approved by the bankruptcy court under Bankruptcy Rule 9019.

On June 19, the federal District Court for the District of Connecticut issued a decision allowing Johnson & Wales University to retain proceeds it received under a Federal Direct Parent PLUS Loan ...

Partner Richard Levy, Jr. authored an article for the New York Law Journal.

Please click here to watch Part 2 of the Pearl Cohen video titled "Insolvency and Business Challenges Amid The Coronavirus".

In this video, Dr. Adi Zarankin, Judge (ret.), provided his professional insights regarding insolvency and business during the Coronavirus outbreak.

July 11th marked the deadline for thousands of creditors to vote on emergency manager Kevyn Orr's restructuring plan for Detroit.

Despite improved European growth and stronger U.S. economic data, falling commodity prices (particularly oil) and the higher number of high yield bonds trading at distressed levels suggest another year of volatility is in store.

Michael Sweet was quoted in The Wall Street Journal article "Detroit to Make Case for Bankruptcy Before Judge."

Michael Temin and Richard Meth contributed to Doing Business 2014, a publication by The World Bank Group.

The CFTC published in the Federal Register amendments to the bankruptcy regulations (CFTC Rules Part 190) to "reflect current market practices and lessons learned from past commodity broker bankruptcies."

Relying on Law v. Siegel, the court holds a debtor's exemption cannot be taken away as a sanction. The court also finds the trustee's objection was untimely.

This Emerging Issues video is the second in a series about risk management in the current economic environment.

On April 16, 2012, the Supreme Court of the State of New York, Nassau County, entered an Order of Liquidation and Approval of the ELNY Restructuring Agreement (Order) and accompanying memorandum decision.

The district court affirms the bankruptcy court's order avoiding the mortgage foreclosure deficiency judgment liens on the debtor's residence.

As explained in a prior post, the Liquidating Trustee had sent out demand letters, the first step towards preference litigation.