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Ch. 15 Rulings Boost Possibility Of Purdue Workarounds
Two recent bankruptcy court decisions that approved nonconsensual third-party releases have spotlighted a growing divide between the relief available to debtors in foreign restructurings and Chapter 11, signaling that struggling companies may attempt to use Chapter 15 to evade the U.S. Supreme Court's Purdue Pharma ruling.
Labor Woes, Fire, Debt Concerns Led Royal Interco To Ch. 11
Operational setbacks due to labor shortages, a fire at its distribution center last year and reduced supplier credit stemming from concerns about upcoming debt maturity all contributed to Arizona-based paper towel producer Royal Interco LLC's filing for Chapter 11.
Meet The Attys Helping Nylon Maker Ascend Through Ch. 11
Ascend Performance Materials, a producer of heat-resistant nylon products, has hired attorneys from Bracewell LLP and Kirkland & Ellis LLP to see it through a Chapter 11 aimed at cutting down its funded debt.
Ch. 15 Rulings Boost Possibility Of Purdue Workarounds
Two recent bankruptcy court decisions that approved nonconsensual third-party releases have spotlighted a growing divide between the relief available to debtors in foreign restructurings and Chapter 11, signaling that struggling companies may attempt to use Chapter 15 to evade the U.S. Supreme Court's Purdue Pharma ruling.
Labor Woes, Fire, Debt Concerns Led Royal Interco To Ch. 11
Operational setbacks due to labor shortages, a fire at its distribution center last year and reduced supplier credit stemming from concerns about upcoming debt maturity all contributed to Arizona-based paper towel producer Royal Interco LLC's filing for Chapter 11.
Meet The Attys Helping Nylon Maker Ascend Through Ch. 11
Ascend Performance Materials, a producer of heat-resistant nylon products, has hired attorneys from Bracewell LLP and Kirkland & Ellis LLP to see it through a Chapter 11 aimed at cutting down its funded debt.
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Mid Cap More
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