Norton Rose Fulbright is delighted to announce that restructuring and insolvency partner, John Martin has been appointed President of the International Insolvency Institute, succeeding Debra Grassgreen.
Having been a Board member of the International Insolvency Institute since 2016, John most
Continue Reading John Martin appointed President of the International Insolvency Institute
Reuters interviews Representative Cheri Bustos with respect to a bill she proposed last week, which would prevent executives of bankrupt companies who make more than $250,000 per year from receiving bonuses during or in the six months before a bankruptcy.
Continue Reading What We’re Reading This Week [October 18, 2021]
On October 19, 2021, Monster Investments, Inc., a Maryland-based real estate company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Maryland (Case No. 21-16592). The company reports $10
Continue Reading New Chapter 11 Filing – Monster Investments, Inc.
Effective November 30, 3031, the Consumer Financial Protection Bureau (CFPB) will enact Regulation F to 12 C.F.R. 1006, which will be the first comprehensive federal debt collection regulations interpreting the Fair Debt Collection Practice Act (FDCPA).
The FDCPA was enacted
Continue Reading FDCPA to be Amended Effective November 30, 2021 by New Regulation F
On October 14, 2021, Gulf Coast Health Care of Pensacola, FL, a healthcare company with 27 skilled nursing centers and two assisted living locations throughout Florida, Georgia and Mississippi, filed a petition for relief under Chapter 11 of the Bankruptcy
Continue Reading New Chapter 11 Filing – Gulf Coast Health Care LLC
On October 14, 2021, Teligent, Inc. of Iselin, NJ, a specialty generic pharmaceutical company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-11332). As of
Continue Reading New Chapter 11 Filing – Teligent, Inc.
Hot on the heels of crises driven by shortages of carbon dioxide and HGV drivers, it is perhaps the ultimate irony that – in the month before COP 26 in Glasgow – the UK and to a lesser extent much
Continue Reading Energy Crisis Looms for Business
CNBC discusses the Labor Department’s latest report on the U.S. labor market. According to the report, a record 4.3 million workers left their jobs in August, with workers in food service and retail industries leading the way. The number of
Continue Reading What We’re Reading This Week [October 11, 2021]
In what I hope will turn into an ongoing Bankruptcy Judges series, bring Plan Proponent out of an unintentional COVID hiatus, and highlight the blog’s “new look” on the LexBlog platform, this is the kickoff post for a weekly series
Continue Reading Judges Series – Judge Homer Drake’s Bankruptcy Opinions – Introduction
On October 10, 2021, Judge Colleen McMahon of the U.S. District Court for the Southern District of New York entered a temporary restraining order, delaying implementation of Purdue Pharma’s plan of reorganization, which was confirmed by Bankruptcy Judge Robert Drain
Continue Reading Equitable Mootness Concerns Over Purdue Pharma’s Plan of Reorganization Prompt Rare Sunday Entry of Temporary Restraining Order by District Court
