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Features

Top Bankruptcy Partners Rates Are Climbing Image

Top Bankruptcy Partners Rates Are Climbing

Dan Roe

The trend of above-average rate increases began during the pandemic.

Features

Three Things Trustees Should Know About Due Diligence in Preference Litigation Image

Three Things Trustees Should Know About Due Diligence in Preference Litigation

Brad Jones

Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff's complaint. While the law is still developing, there are three important takeaways for trustees to consider.

Features

Split Second Circuit Narrows Bankruptcy Code's Settlement Payment Safe Harbor Image

Split Second Circuit Narrows Bankruptcy Code's Settlement Payment Safe Harbor

Michael L. Cook

The majority was sensibly concerned with the possible structuring of leveraged buyouts by artful counsel who would use a financial institution as a "mere conduit" to exploit the Code's safe harbor.

Features

Distressed Real Estate Bankruptcies Continue, Despite Interest Rate Peak Image

Distressed Real Estate Bankruptcies Continue, Despite Interest Rate Peak

Andrew C. Kassner & Joseph N. Argentina Jr.

Although interest rates may have peaked, we continue to expect a large volume of distressed real estate debtors to utilize the bankruptcy system over the next couple of years. This article analyzes two recent decisions regarding distressed real estate bankruptcies, both of which involve rights of real estate lenders against proceeds of collateral other than the real estate itself.

Features

To What Extent Does a Bankruptcy Court Have Jurisdiction Over a Post-Confirmation Lawsuit? Image

To What Extent Does a Bankruptcy Court Have Jurisdiction Over a Post-Confirmation Lawsuit?

Lawrence J. Kotler

In the recent decision of Tew v. ED&F Man Capital Markets, the U.S. Bankruptcy Court for the Eastern District of Kentucky addressed a thorny decision for all bankruptcy courts, namely to what extent a bankruptcy court has jurisdiction over a post-confirmation lawsuit.

Features

Following Uptick In 2023, Bankruptcy Lawyers Are Expecting a Busy 2024 Image

Following Uptick In 2023, Bankruptcy Lawyers Are Expecting a Busy 2024

Alexander Lugo

Predictions of an uptick in bankruptcy filings came true this year, and bankruptcy lawyers are expecting a steady continuation into 2024, with the use of alternative approaches continuing to increase.

Features

The Bankruptcy Strategist Is Going Digital Only. Here's What You Need to Know. Image

The Bankruptcy Strategist Is Going Digital Only. Here's What You Need to Know.

Steve Salkin

The final print edition of The Bankruptcy Strategist will be our January issue.

Features

Litigation Finance Offers Significant Benefits for Restructuring Matters Image

Litigation Finance Offers Significant Benefits for Restructuring Matters

Jeffery Lula

In today's volatile economic climate, companies need to be more creative to find ways to mitigate risk. Litigation finance is one of those out-of-the-box solutions that can provide benefits.

Features

Key Win Likely for Commercial Shopping Center Lessor In Second Circuit Image

Key Win Likely for Commercial Shopping Center Lessor In Second Circuit

Michael L. Cook

The Second Circuit, on remand from the U.S. Supreme Court, further remanded to the district court the key issue of whether the Chapter 11 debtor gave "adequate assurance of future performance of" a commercial real property shopping center lease "as required by [Bankruptcy Code] §365(b)(3)(A)," after the debtor's assignment of its lease.

Features

CA Bankruptcy Court Throws Regulatory Concerns Aside and Sides With Cannabis Business' Chapter 11 Plan Image

CA Bankruptcy Court Throws Regulatory Concerns Aside and Sides With Cannabis Business' Chapter 11 Plan

Lawrence J. Kotler & Ryan Spengler

While this case does not fully open the courthouse doors to cannabis-related businesses and seemingly grants the bankruptcy courts a great deal of discretion when ruling on similar cases in the future, cannabis-related businesses may now have a roadmap to pursue reorganization.

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