10-Q&A Episode 15: A Lifetime of Lessons in Law and Business – An Interview with Randy Kominsky

Randy Kominsky (LAW ’79) shares why clerkships are invaluable to transactional attorneys, what it was like navigating one of the largest airline bankruptcies in history, and how every young professional can improve their odds for success. Interviewer: Nate Trager (LAW ’22; MBA ’22) Guests: Randy Kominsky  

10-Q&A Episode 14: Lessons from the first year in practice

First-year attorneys and 10-Q alumni share what it’s like transitioning into practice as corporate attorney, judicial law clerk, and bankruptcy and restructuring associate. Interviewer: Nate Trager (LAW ’22; MBA ’22) Guests: Andrew LeDonne (LAW ’21), Associate at Morgan, Lewis & Bockius LLP; Jonathan Shahar (LAW’21), Judicial Law Clerk, First Judicial District of Pennsylvania; and Michael

Fundamental Procedural Fairness: The Sine Qua Non for the Enforcement of Third-Party Releases Authorized in a Foreign Proceeding

Matthew E. Kaslow (LAW ’15) of Blank Rome LLP co-authored an article discussing the hot-button issue of third-party releases in U.S. bankruptcy cases, in the context of chapter 15 cases involving foreign restructuring.

New York Court of Appeals Holds No Bankruptcy Preemption of Lender Tort Claims Against Related Third Parties

The State of New York Court of Appeals has held that claims against non-debtor related parties, based on their actions to aid or induce Chapter 11 debtors to breach contractual loan covenants, were not subject to preemption under federal bankruptcy law.

CFPB Adopts Strict Liability Standard for Debt Collectors Who Sue or Threaten Suit Over Time-Barred Debt

On January 19, 2021, the Consumer Financial Protection Bureau (CFPB) published its final debt collection rules in the Federal Register, including 12 C.F.R. § 1006.26(b), which prohibits collections of time-barred debt. Under the new rules, collectors who sue or threaten to sue consumers for time-barred or “zombie” debts ‒ debts for which the statute of limitations already expired ‒ violate the Fair Debt Collection Practices Act (FDCPA).