After filing for chapter 11 bankruptcy in June, Revlon claimed its $3.5 billion debt prevented it from making payments to its critical...
Bankruptcy News
Judge appoints Kenneth Feinberg to evaluate J&J cancer claims in bankruptcy | Reuters
After a Johnson and Johnson subsidiary filed for bankruptcy, a New Jersey Bankruptcy Judge ordered expert Kenneth Feinberg to assess the...
Starbucks executives, directors are sued over diversity policies | Reuters
Opposite the typical discrimination claims commonly faced by companies, Starbucks has been sued for racial discrimination because they do...
Bankruptcy And Crypto | Forbes
With markets on a downturn and an increase in crypto companies filing for bankruptcy, owners of cryptocurrency are left worrying about how...
U.S. Supreme Court takes dispute over extremely cheap mall lease | Reuters
In hearing this case, the Supreme Court will be asked to decide the extent to which current US bankruptcy law limits the appeals of...
Corporate Bad Behavior Is Not Dischargeable Under Subchapter V | Ward and Smith, P.A. – JDSupra
Subchapter V streamlines the Chapter 11 reorganization process and is traditionally utilized by small business debtors to retain equity...
Dischargeability of Divorce-Related Debts | Freeman Law – JDSupra
Rules/Acts: Section 523(a)(5) and Section 523(a)(15) Subsection (15) holds spouses accountable for their family and spousal obligations;...
Cannabis Companies Lacking Bankruptcy Protections Can Explore State Options | McGlinchey Stafford – JDSupra
As long as cannabis is still federally illegal and classified as a dangerous drug, companies that have even a small part in the cannabis...
US Supreme Court holds increased fees unconstitutional in some bankruptcy cases – JURIST – News
Case name: Siegel v. Fitzgerald Decided: Monday, June 5, 2022 This case prompted the Court put a check on Congress: Congress should not be...
Massachusetts Appeals Court interprets Uniform Enforcement of Foreign Judgments Act
In a recent decision, the Massachusetts Appeals Court provided guidance regarding the newly adopted Massachusetts Uniform Enforcement of...
Debt from a debtor’s defunct business and employment in related field can help debtors qualify for Subchapter V eligibility
Bankruptcy Judge Benjamin A. Kahn of the United States Bankruptcy Court for the Middle District of North Carolina recently issued an...
Prepetition arbitration award for treble damages for ‘willful misconduct’ won’t automatically result in nondischargeability per ruling by Judge in United States Bankruptcy Court of the Eastern District of New York
Bankruptcy Judge Robert E. Grossman of the United States Bankruptcy Court of the Eastern District of New York recently issued a decision...
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