Latest Bankruptcy Law News

LeClairRyan Bankruptcy Could Keep Creditors, Partners Busy for Years
Am Law 200 firm LeClairRyan filed for bankruptcy Tuesday, five weeks after members voted to dissolve in late July. The Chapter 11 filing, in the Eastern District ...
Updated: 09/03/2019 12:25P

Delaware Powerhouses Bolster State’s Legal Industry Growth
For decades, Delaware's law firms, courts and services have been indispensable to the regional economy, with a legal sector growing faster than any other ...
Updated: 09/02/2019 10:04P

How corporate-friendly bankruptcy laws keep protesting miners from being paid: ‘That train leaves, we ain’t got nothing’
Bankruptcy laws in the United States have grown so corporate-friendly that if a company goes belly-up, employees are going to be the real losers. Such is the ...
Updated: 09/01/2019 06:10P

Why companies file for bankruptcy—and how it protects both debtors and creditors
Critics have worried Purdue might use bankruptcy to avoid accountability.
Updated: 09/01/2019 12:59P

Sears bankruptcy favors law firms over small suppliers: court filing
Surprise, surprise: Fancy lawyers are making a fortune off the Sears bankruptcy — and mom-and-pop suppliers are getting stiffed. An angry group of creditors...
Updated: 08/29/2019 06:29P

Why companies file for bankruptcy – and how it protects both debtors and creditors
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Lindsey Simon, University of Georgia.
Updated: 08/29/2019 09:04A

Bankruptcy Protection for Military Vets via HAVEN Act
Military veterans often pay a heavy toll for their *service* from a physical, emotional and even financial standpoint. A new federal law— the Honoring American ...
Updated: 08/28/2019 02:44P

Trump's SBRA - New Frontier for Small Business Bankruptcies
On August 26 Trump signed Small Business Reorganization Act SBRA into law scheduled to take effect February 2020 offers small businesses with aggregate ...
Updated: 08/27/2019 02:31P

Small Business Bankruptcy Bill Becomes Law
U.S. President Donald Trump has signed into law legislation that streamlines the bankruptcy process for small businesses and farmers. According to reports in ...
Updated: 08/27/2019 03:00A

Leaving A Mark III: Final Thoughts On Trademark Licenses In Bankruptcy Under Mission Products Holdings v. Tempnology, LLC
They say that the third time is the charm — I don't know how applicable that phrase may be in most circumstances, but in this case, it may be right on point.
Updated: 08/26/2019 02:00P

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