Insights on Financial Restructuring & Bankruptcy
227 total results. Page 3 of 10.
Valuation is a key element in bankruptcies. Generally, a higher valuation of a bankrupt firm means larger creditor recoveries, and a higher valuation of pre-petition collateral means a smaller “adequate protection” package for prepetition secured lenders.
ArentFox Schiff is proud to announce that the Bankruptcy & Financial Restructuring group has been awarded “Industrials Deal of the Year” for the sale of Masten Space Systems to Astrobotic Technology, Inc. by The M&A Advisor for the 17th Annual Turnaround Awards.
ArentFox Schiff is pleased to announce that three of the firm’s thought leaders have been named top authors by the 2023 JD Supra Readers’ Choice Awards, which recognizes authors and firms that attained a high level of visibility and engagement across the JD Supra content platform during 2022.
Over the last decade, 37 states and four territories in the United States have legalized some form of cannabis sales for recreational or medical use by consumers.
Courts across the United States are grappling with the application of traditional legal principles to “Web3” technologies and tools, such as blockchain, NFTs, and decentralized autonomous organizations (DAOs).
Our Bankruptcy & Financial Restructuring Practice represents the Official Committee of Unsecured Creditors of Winc, Inc., et al. Winc, Inc. and its affiliated companies filed Chapter 11 in the United States Bankruptcy Court for the District of Delaware.
ArentFox Schiff is pleased to announce that eight attorneys have been named to Washingtonian magazine’s 2022 Top Lawyers, which features the “top legal talent” in Washington, DC.
On Nov. 10, the U.S. Court of Appeals for the Second Circuit directed the U.S. Bankruptcy Court for the District of Connecticut to order a refund of fees paid by a Chapter 11 debtor to the Office of the U.S. Trustee, or UST.
On December 1, 2022, several important amendments to the Federal Rules of Bankruptcy Procedure (Rules) became permanent and will govern the procedures employed in cases filed under Subchapter V of Title 11 of the US Code (Bankruptcy Code).
Recent decisions by the Fifth Circuit Court of Appeals and the Bankruptcy Court for the District of Delaware signal further disagreement over the treatment of “make-whole” premium payments under the Bankruptcy Code.
On November 10, 2022, the US Court of Appeals for the Second Circuit directed the US Bankruptcy Court for the District of Connecticut to order a refund of fees paid by a chapter 11 debtor to the Office of the US Trustee (UST).[1]
ArentFox Schiff is pleased to announce that Christopher K.S. Wong has been recognized as an American Bankruptcy Institute’s (ABI) 40 Under 40 Emerging Leaders in Insolvency Practice winner for 2022, which identifies and honors 40 young professionals.
ArentFox Schiff has been recognized with 53 top rankings in the 2023 edition of US News – Best Lawyers® “Best Law Firms.”
ArentFox Schiff is pleased to announce that Partner Andrew Silfen, New York office co-managing partner and Bankruptcy & Financial Restructuring practice leader, is being honored with the New York Institute of Credit’s (NYIC) Honorable Burton R. Lifland Mentor Award.
On June 21, 2022, President Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act into law.
In this LIVE Webcast, Les Jacobowitz, a prolific speaker and author on the impact of the LIBOR transition, will present a timely and engaging discussion of the LIBOR transition and surrounding key issues.
ArentFox Schiff is pleased to announce that 121 attorneys have been recognized by The Best Lawyers in America 2023, with an additional six attorneys highlighted as “Lawyers of the Year” and 40 attorneys listed as “Ones to Watch.”
Bankruptcy & Financial Restructuring Partner George Angelich is named one of Global M&A Network’s 2022 Top 100 Restructuring and Turnaround Professionals.
ArentFox Schiff LLP is proud to announce that the firm will be awarded the Chapter 11 Reorganization of the Year (Between $10MM and $100MM) by The M&A Advisor at their 16th Annual Turnaround Awards.
Large companies often have numerous divisions, each focusing on a unique aspect of the corporate mission for the benefit of the entire enterprise. There are situations, however, in which the parent company decides it is beneficial to “spin-off” one of these divisions from the rest of the company.
In an issue of first impression for the jurisdiction, the Bankruptcy Court for the Northern District of Illinois has ruled that a subchapter V debtor “substantially consummated” its plan by paying less than $1,500 in distributions to creditors and, as a result, could no longer modify the plan.
On June 7, 2022, the Fourth Circuit Court of Appeals unanimously held that the exceptions to discharge found in section 523(a) of the Bankruptcy Code, which ordinarily exclusively apply to individual debtors, also apply to small business corporate debtors in chapter 11 bankruptcy under subchapter V.
The President signed legislation raising the eligible debt ceiling for Subchapter V of Chapter 11 to $7,500,000. Small businesses with up to $7,500,000 in noncontingent, liquidated debts are eligible for relief under Subchapter V for another two years.
The 2022 edition of Legal 500 US has rated 77 ArentFox Schiff attorneys as national leaders in their field. In addition, 19 of the firm’s practice areas were ranked among the best in the country.
The House has passed a bill that will now go to the President to sign into law that raises the eligible debt ceiling for Subchapter V of Chapter 11 to $7,500,000. Small businesses with up to $7,500,000 in noncontingent, liquidated debts will once again be eligible for relief under Subchapter V.