Francis J. Lawall and Marcy J. McLaughlin of Pepper Hamilton. (Photo: Courtesy Photo) A debtors' ability to formulate a plan of reorganization under Chapter 11 of the Bankruptcy Code is one of its ...
Qurate Retail has a 9.99% to 50% chance of filing bankruptcy within the next 12 months based on FRISK scoring. The preferred stock has a current yield of over 40% based on the closing price on October ...
Democratic presidential candidate Elizabeth Warren wants to change the way bankruptcy works in America. Warren’s plan would give everyday workers a better chance of getting severance when a company ...
Carlos J. Cuevas[/caption] When a debtor files a bankruptcy case the automatic stay arises immediately. 11 U.S.C. §362(a); Rexnord Holdings v. Bidermann, 21 F.3d 522, 527 (2d Cir. 1994). The U.S.
Saks Global could file for Chapter 11 in order to buy time, secure liquidity, and gain room to maneuver to redefine its ...
Bankruptcy offers an exit route for families and businesses trapped by debt. In 2019, Forever 21, Barneys New York and Payless ShoeSource declared bankruptcy. Donald Trump’s businesses have declared ...
A defendant's decision to file for bankruptcy in the $54 million St. Clare's Hospital pension case forced the postponement of the punitive damages portion of the civil trial.