July 3, 2024
Douglas Sasso (LAW ’26) recaps the Supreme Court’s Harrington v. Purdue Pharma, L.P., discusses the Bankruptcy Code and the case’s impact to victims of the opioid crisis.
July 1, 2024
Though interest rates may have peaked, #FaegreDrinker’s Joseph N. Argentina Jr. (LAW ’09) and Andrew C. Kassner continue to expect a large volume of distressed real estate debtors to utilize the bankruptcy system over the next several years. Two recent decisions demonstrate the state of distressed real estate bankruptcies. Both pit the rights of real estate lenders against the proceeds of collateral other than the real estate itself.
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.
White and Williams attorneys discuss steps the commercial lending industry can take to prepare for recession.
Francis Lawall (LAW ’85) and Kenneth Listwak of @Pepper_LAW discuss the importance of language in bankruptcy plan release provisions in light of a recent case. #Temple10-Q #Bankruptcy #Chapter11