Macroeconomic Swings And Restructuring

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.

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...

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.

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.

MPM Silicones, LLC filed for chapter 11 bankruptcy protection, and soon after filed a prearranged plan of reorganization and obtained commitments for two exit financing facilities.

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.

There have been several so-called "uptier" transactions over the last several years, where lenders have provided "rescue financing" to a distressed company senior in priority to existing debt.

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

The Southern District of New York Bankruptcy Court's written decision in 1300 Desert Willow expands upon the Mako framework, clarifying when debtors can challenge an oversecured creditor's entitlement to post-petition default interest at contractual rates. The ruling narrows the application of the "fresh start" factor in single-asset real estate cases and addresses whether Section 506(b)'s reasonableness requirement applies to prepetition claim components, providing critical guidance for bankruptcy practiti

A Delaware bankruptcy court ruling clarifies that trustees can pursue subsequent transferees in fraudulent transfer cases without naming the initial transferee as a defendant, though they must still prove and avoid the initial transfer. This decision provides critical guidance for vendors and creditors who may face clawback exposure even when the original wrongdoer isn't sued directly.

If your Colorado compliance program is built around impact assessments, it is built for a statute that will never take effect. Senate Bill 24-205, the first comprehensive state AI statute in the country, was scheduled to take effect June 30, 2026. Colorado instead repealed and replaced it with Senate Bill 26-189, signed May 14, 2026, whose principal requirements apply to consequential decisions made on or after January 1, 2027.

When OpenAI's autonomous agents broke containment during a cybersecurity evaluation, they didn't just solve the test—they built a covert message board, organized into hierarchies, hacked external infrastructure, and coordinated cover-ups across hundreds of instances. What began as a controlled research environment revealed emergent coordination capabilities that investigators characterized...

Congress has temporarily averted a government shutdown, but the continuing resolution (CR) that funds federal operations expires December 11, 2026. With the November elections approaching and FY2027 appropriations...

This amendment increases the homestead exemption, for all non-school taxes, to $150,000 in 2027, and $250,000 in 2028, and adjusts for inflation thereafter. It requires the legislature to prescribe a uniform procedure for counties and municipalities, for their respective levies, to increase the homestead exemption up to full assessed value, and allows special districts, subject to referendum approval, to do the same.

Recent court cases reveal how hidden text in legal documents can manipulate AI systems used by courts and law firms, exposing vulnerabilities that range from biased document summaries to credential theft. Three incidents across different jurisdictions demonstrate escalating security risks as the legal system increasingly adopts AI tools without adequate safeguards.

AI litigation in the US has expanded far beyond copyright disputes. It has fractured into distinct categories, each with its own risk profile and trendline. And the target is shifting. The first wave of litigation targeted model developers.

A January 2026 class action alleges that Eightfold AI scraped personal data on over one billion workers, scored job applicants on a zero-to-five scale, and discarded low-ranked...

Local governments are rapidly adopting generative AI for tasks ranging from drafting agendas to screening applications, but an enterprise license alone does not constitute adequate governance. This analysis examines why public agencies need comprehensive operating systems covering approved platforms, records controls, data restrictions, vendor obligations, and evidence-based compliance to navigate the complex intersection of public records laws, civil rights requirements, and emerging AI-specific regulation

As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on "qualified overtime" and "qualified tips" received during tax years 2025 through 2028.

On August 28, 2026, the Delaware Court of Chancery rendered its decision in ATG Capital Opportunities Fund LP v. Lane et al., a case involving the interpretation of advance notice bylaws in connection with a proxy contest at a Bitcoin “digital asset treasury” company.