Bankruptcy Law News and Insights

On September 12, 2024, the U.S. Court of Appeals for the Eighth Circuit nixed a $563 million jury verdict against BMO Harris Bank involving claims that the bank aided and abetted a multibillion-dollar Ponzi scheme, ruling that the bank's equitable defense of in pari delicto barred the suit. The appeal...

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Schulte Roth & Zabel partner Douglas Mintz recently shared his insights on the decline of liquidations in bankruptcy, which have hit their lowest point in 15 years due to private credit, fees and out-of-court deals, among other factors. Doug recently told The Deal that "The market's gotten more efficient at how it...

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When you run a business and find yourself facing financial troubles, you may be unsure of where to turn. Understanding your options to get your business into a better place financially means speaking with legal counsel who can explain the potential benefits and risks of different types of bankruptcy. Below,...

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