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In its most recent precedential bankruptcy decision, the United States Court of Appeals for the Third Circuit held that a claim for...
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Summary of Purdue Pharma, L.P. v, City of Grand Prairie (In re Purdue Pharma, L.P.), No. 22–110 – Bk (2d Cir. May 30, 2023) In a long...
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Within In re LTL Management, LLC, No. 22-2003 (3d Cir. Jan. 30, 2023), the United States Court of Appeals for the Third Circuit issued...
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Once asserted, may a party alter it? Once claimed, may a party contradict it? A party’s ability to abandon a previously taken position...
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The U.S. Supreme Court has ruled that bankruptcy filers cannot avoid debt incurred by another’s fraud. The 9-0 ruling, written by...
On January 14, 2021, the Supreme Court issued a unanimous decision holding that if a creditor has taken possession of a debtor’s...
J.C. Penney filed chapter 11 the evening of Friday, May 15, 2020. Hearings on the case were commenced on the next day - a Saturday. ...
Potentially casting retail landlords against their debtor-tenants, a bankruptcy judge in the Eastern District of Virginia--an...
United Cannabis Corp. entered into chapter 11 several days ago in an effort to stop various patent infringement claims being lodged...
Even before COVID-19 began to decimate businesses in almost every industry sector, many cannabis companies were feeling the heat. Many...
A few weeks ago I wrote about a dispute brewing in federal district court in Arizona involving a marijuana industry credit card company. ...
During the last year, many cannabis companies in the U.S. and Canada have experienced financial challenges. It is somewhat reminiscent...
As we have seen in the bankruptcy world where bankruptcy courts routinely dismiss cases involving cannabis enterprises, so too, have...