Bankruptcy Law News and Insights

The U.S. Supreme Court's recently concluded 2023-2024 term included three decisions interpreting various aspects of the U.S. Bankruptcy Code, including the much-anticipated decision in Harrington v. Purdue Pharma, L.P., which is likely to shape the scope of Chapter 11 plans of reorganization significantly. A summary of each of these decisions, and...

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Bankruptcy filings were up 17% in the first half of 2023 of 2022 numbers and the surge continues. Chapter 11 commercial filings totaled 2,973 during the first half of 2023, which was a 68% increase compared to the first half of 2022. Small business filings, which are identified as Subchapter...

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Valuation of a Debtor's estate is likely one of the most important analyses a Debtor will undergo. Ascribing value to the estate helps determine the possible payout available to satisfy creditors' claims. The need for valuation arises in multiple stages of the bankruptcy case, which a Debtor's financial advisors and...

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