An explanation of insider status in bankruptcy and restructuring cases, including the risks and implications of insider status and guidance for lenders to mitigate the risk of being classified as an ...

Nowhere is this more apparent than in cases involving financially distressed individuals with pending personal injury claims, or tort plaintiffs pursuing recovery against bankrupt defendants. These ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Roiling headlines in the last couple of years were the bankruptcy filings of the corporations Purdue Pharma and the national organization of Boy Scouts of America (now called Scouting America). Both ...