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Primer: Basic Issues in Chapter 11 Bankruptcy Cases
If you want to get up to speed on corportate bankruptcy-related issues, check out Basic Bankruptcy Issues: A Primer for In-House Counsel, which was written by Carmen Lonstein, Esq. of Baker &
Continue readingBeware of shadow bankruptcy
Financial actors such as hedge funds increasingly influence large Chapter 11 cases, such as Chrysler’s and GM’s. With Chrysler LLC’s sale to Fiat SpA past the U.S. Supreme Court, and
Continue readingCanadian Lawyers on North America’s Biggest Bankruptcies
Like their U.S. counterparts, insolvency and restructuring lawyers at Canada’s largest firms have been working around the clock since the winter to keep up with the avalanche of major bankruptcy
Continue readingThe Chrysler bankruptcy
And so, with Chrysler’s 24-page Chapter 11 filing in U.S. bankruptcy court in Manhattan, another large document review (reviews??) loom in the future. Along with Jones Day, New York bankruptcy boutique
Continue readingLearning bankruptcy law for freelance and solo work
Many Posse List members who want to go solo or freelance have asked us about bankruptcy practice. There are a good many of you who have worked on some of the major bankruptcy document reviews in the
Continue readingBankruptcy-related M&A has “only just begun”
Bankruptcy-related mergers and acquisitions have hit their highest level globally since August 2004, and are set to keep rising as more companies are forced into distressed sales, according to Thomson
Continue readingContract attorney bankruptcy review work slows a bit as liquidation increases
Restructuring under Chapter 11 bankruptcy protection process can sometimes take years. The large ones generate significant document reviews. But as reported in the legal press and on various bankruptcy
Continue readingCleary Gottlieb Takes On Nortel and Apex Bankruptcy Filings
From: The American Lawyer, January 15, 2009 Cleary Gottlieb Steen & Hamilton picked picked up two major bankruptcy assignments on Wednesday when the firm was formally retained by Toronto-based
Continue readingO’Melveny Bankruptcy Co-Chair Leaves for Dechert
From: The American Lawyer, January 13, 2009 Michael Sage, the co-head of restructuring at O’Melveny & Myers, joined Dechert on Monday. Sage, who joined O’Melveny in 2007, has represented
Continue readingBanks May Lose $51 Million in Heller Bankruptcy Dispute
From: The Recorder, January 6, 2009 A “clerical error” could cost Bank of America and Citibank $51 million if Heller Ehrman has its way in bankruptcy court. Bank of America, acting for itself
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