In five years, the StaRUG, the law by which the German legislator implemented the European Restructuring Directive, has proven itself to be a reliable and fast restructuring tool whose mechanics strike a fair balance between the parties involved, write partner Leo Plank,
Navigating Business Partner Financial Distress: Directors and Officers of Distressed Companies – When Can They Be Held Liable? (Part 5 of an 8-Part Series)
As companies approach insolvency, attention often shifts beyond corporate assets and toward those responsible for managing the business. Directors and officers owe fiduciary duties that can become increasingly significant during periods of financial distress.
This eight-part blog series explores key
Does Bankruptcy Automatically Terminate an Alcohol Distribution Agreement?
When an alcohol distributor files for bankruptcy, a supplier may immediately wonder whether the distribution relationship is over. The answer is generally not automatically. Bankruptcy can significantly affect an alcohol distribution agreement, but the agreement does not necessarily terminate
When Is a Settlement Not a Settlement — Apparently When People Owe Student Loans
Paul Flahive of the Austin-American Statesman has some great investigative reporting that should be required reading for anyone who follows Credit Slips. In “Texas Judges Are Blocking Student Debt Deals — and Borrowers Are Paying the Price” (paywalled), Flahive documents how bankruptcy judges
Skye Daley Reelected to the Desert Bar Association Board of Directors and Appointed as Treasurer
Buchalter is pleased to announced that Skye Daley was reelected to the Board of Directors for the Desert Bar Association, and was appointed as Treasurer for the first time.
The primary function of the Desert Bar Association is to build
California’s Solo 23andMe Settlement Follows Earlier Multistate Agreement
On October 19, 2026, California Attorney General (AG) Rob Bonta announced a $6 million settlement with Chrome Holding Co., the successor to the genetic testing company 23andMe. The settlement resolves a lawsuit that California filed against the company in May
Buchalter Continues Texas Expansion with Addition of Tax Partner in Dallas
Buchalter is pleased to announce that Brady Cox has joined the Firm’s Dallas office from Jackson Walker as a Tax Partner in the Corporate Practice Group. Cox’s arrival builds on Buchalter’s recent growth in Dallas and the opening of offices
Mortgage Payoff Statement Delayed or Wrong in New Jersey? Deadlines, Errors, and Closing Risks
Short answer: For a consumer credit transaction secured by a home, federal law generally requires the creditor, assignee, or servicer to send an accurate payoff statement within seven business days after receiving a proper written request. A limited exception applies
Loan Modification Denied in New Jersey? Appeals, Dual Tracking, and Next Steps
Short answer: A New Jersey loan-modification denial may be appealable, but the federal 14-day appeal right is not universal. It generally applies when the servicer received a complete loss-mitigation application at least 90 days before a scheduled foreclosure sale—or during
Renters’ Rights Act 2025: The Property Database and What Insolvency Practitioners Need to Know (UK)
The government has published further detail on the forthcoming “Register your rental property” service, which forms part of the second phase of implementation of the Renters’ Rights Act 2025 (RRA). The service will require landlords of qualifying residential properties to