Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
Nebraska-based grain dealer Hansen-Mueller Co. has filed for bankruptcy following a string of financial challenges. Headquartered in Omaha, Hansen-Mueller Co. is a nationwide merchandiser and ...
Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see silence or inaction as consent under federal law. The Supreme Court’s Purdue ...
Investors struggle with valuation on health care and medical companies, since having drugs and treatments in various stages of testing does not guarantee approval. And it's more complicated than that ...
Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...