Cumulus's Chapter 11 bankruptcy has halted its landmark antitrust lawsuit against Nielsen. With a new board and new owners set to take over, the future of the case is anything but certain.
Bankruptcy law provides special treatment for landlord claims arising from termination of a lease, using a calculation set forth in Section 502(b)(6) of the Bankruptcy Code. The starting point for the ...
Bankruptcy trustees and chapter 11 debtors-in-possession ("DIPs") frequently seek to avoid fraudulent transfers and obligations under section 544(b) of the Bankruptcy Code and state fraudulent ...
An explanation of insider status in bankruptcy and restructuring cases, including the risks and implications of insider ...
An individual in control of a company that purchases perishable agricultural goods can be held personally liable when the seller is not paid by the bankrupt company. In Michael Farms v. Lundgren (In ...
Roiling headlines in the last couple of years were the bankruptcy filings of the corporations Purdue Pharma and the national organization of Boy Scouts of America (now called Scouting America). Both ...
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Cabinet clears key Insolvency and Bankruptcy Code amendments, paving way for speedy resolutions
The Union Cabinet has cleared amendments to the Insolvency and Bankruptcy Code that could accelerate corporate resolutions and introduce new frameworks for cross-border and group insolvency.
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