Bankruptcy Law News and Insights

Seven Commandments For The Financially Distressed Company

Published: Oct 08, 2021
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Most restructuring professionals will tell you that there is no "typical" restructuring. That is absolutely true. Every financially distressed business is different and the character and direction of its restructuring will be highly dependent upon, among others, its capital structure, its liquidity profile, and the level of support it can...

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Judge Spares Ex-CEO Of Bankrupt KIT Digital From Additional Jail Time

Published: Sep 25, 2021
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Federal district court judge Paul Gardephe recently spared Keleil Isaza Tuzman from additional jail time, despite Tuzman's December 2017 convictions for securities and mail fraud, the latest twist in the long, strange saga of KIT Digital. Tuzman was the founder and former CEO of KIT Digital Inc., a publicly traded...

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U.S. Supreme Court Update: Petitions Seek Review Of Notable Bankruptcy Law Rulings

Published: Sep 23, 2021
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At a conference to be held at the end of the summer recess on September 27, 2021, the U.S. Supreme Court will consider whether to grant petitions seeking review during the new Term that begins on October 4 of three notable appeals involving issues of bankruptcy law. Two of those...

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