Statute
Chapter 11
1,295 published works
Ohio Employer Law Blog
Bankrupcy, labor unions, and remaining union free
Fair State Brewing, one the nation's first unionized craft breweries, just filed for Chapter 11 bankruptcy protection. Meanwhile and elsewhere, Aslin Beer Co. just said that it will voluntarily recognize…
In Solvency
Are Gate-keeper Provisions in Chapter 11 Confirmation Orders a Stopgap for Nonconsensual Third-Party Releases?
As many bankruptcy practitioners are aware, there is a circuit court split with respect to the allowability of non-consensual third-party releases. Notably, in the Purdue Pharma case, the United States…
Hunton Insurance Recovery Blog
Standing Room Only: SCOTUS Accepts Review of Circuit Split on Whether Insurer is a Party in Interest in Policyholder’s Bankruptcy
By Michael S. Levine, S. Alice Weeks
The United States Supreme Court recently accepted review of In re Kaiser Gypsum Co., Inc., 60 F.4th 73 (4th Cir. 2023), a Fourth Circuit decision concerning “whether an insurer with…
In Solvency
In re The Hacienda Company, LLC – Round 2: Bankruptcy Courts May be Available to Non-Operating Cannabis Companies to Liquidate Assets
By Keith C. Owens, Michael R. Herz
As discussed in our earlier blog post, In re The Hacienda Company, LLC – a Flicker of Hope for Distressed Cannabis Companies: Bankruptcy May be Available to Liquidate Assets of…
Religion Clause
San Francisco Archdiocese Files for Bankruptcy Reorganization
In a press release yesterday, the Catholic Archdiocese of San Francisco announced that it has filed for Chapter 11 Bankruptcy Reorganization. According to the press release:The filing is necessary to…
Hunton Insurance Recovery Blog
Hard on Soft Caps – Bankruptcy Court Declines to Limit Access to D&O Insurance
By Justin F. Paget, Kollin Bender
Directors and officers should take note of a recent decision from the US Bankruptcy Court for the Southern District of New York concerning access to D&O insurance policy proceeds. In…
Restructuring Globalview
Delaware Bankruptcy Court Approves DIP Financing of 700 Bitcoin
On May 8, 2023, online cryptocurrency exchange platform Bittrex, Inc. and three of its affiliated entities (collectively “Bittrex”) filed for chapter 11 to wind down their U.S. and long-dormant Malta…
Plan Proponent
A Bankruptcy Quiz to Start Your Summer!
I don't know about you, but I enjoy taking harmless online quizzes. "Test your knowledge of this week's headlines" or "See how many of these movies you can recognize." Well,…
FinTalk
Bittrex: Regulatory Enforcement and Macroeconomic Headwinds Lead to Another Crypto Bankruptcy
Bankruptcy filings in the digital asset space continue, as cryptocurrency exchange Bittrex filed for bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware on Monday, May 8,…
Dashboard Insights
Near-Term Disruptions and Opportunities in the Automotive Supply Industry
By John A. Simon, Ann Marie Uetz
Disruption in the automotive industry seems a near-constant force these days. The automotive supply chain continues to suffer hangover challenges from the pandemic (including raw materials shortages and increased labor…