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Following our second in a four-part series of Reed Smith Restructuring & Insolvency Roundtables, we take a temperature check this time on...
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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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If at first you don’t succeed, try (and maybe try) again. Basic Facts: Nomenclature and Numbers When a previously reorganized debtor...
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In two cases in as many months, the Supreme Court tackled the application of sovereign immunity in two separate insolvency statutes. Two...
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As the senior housing and nursing home industry reels from increased interest rates, COVID, and labor shortages, the additional staffing...
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Congress passed the operative texts without noticeable fanfare. From its enactment to today, section 363(k) has entitled a secured...
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On April 24, 2023, the First Circuit’s opinion in Lac du Flambeau Band of Lake Superior Chippewa Indians v. Coughlin came up for oral...
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On April 19, 2023, the Supreme Court, in a unanimous opinion written by Justice Ketanji Brown Jackson in MOAC Mall Holdings LLC, ruled...
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In In re Schubert, the Sixth Circuit affirmed the bankruptcy court’s dismissal of an adversary proceeding because the appellants had...
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The statutory language is clear. As of a bankruptcy petition’s filing date, the automatic stay of section 362 constricts many a creditor...
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When can a municipality declare bankruptcy under chapter 9 of the Bankruptcy Code? An issue explored the headline-grabbing chapter 9 case...
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Whether a foreign bankruptcy case can be recognized under chapter 15 if the foreign debtor does not satisfy the commands of both section...
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On January 20, 2023, as few courts, such as the U.S. Bankruptcy Court for the District of Colorado, have consistently done, the U.S....
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In legal parlance, the term “standing” embraces several discrete doctrines that govern the capacity of a party to sue and appear before a...
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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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In a unanimous decision Bartenwerfer v Buckley, No. 21-908, 598 U.S. (2023), the U.S. Supreme Court reviewed the breadth of the U.S....