Perspectives on Bankruptcy & Financial Restructuring
123 total results. Page 1 of 5.
Recent Opinion from New York State Court Curtails Indenture Trustees’ Authority to Commence Pre-Default Actions
New York County Supreme Court Justice Schecter dismissed a fraudulent conveyance action brought by UMB Bank, N.A., the indenture trustee for certain of Neiman Marcus’ senior notes, on the basis that the applicable indenture did not grant UMB authority and power to assert claims.
You can’t predict the future, but you can prepare for it. If your organization decides to restructure or refinance debt, will you be ready to act? What should you be doing now to execute quickly when the time comes?
Arent Fox’s Bankruptcy & Financial Restructuring practice was retained as counsel to represent the official committee of unsecured creditors in the Chapter 11 case of Dean & Deluca New York Inc., et al.
The Paycheck Protection Program (PPP) is one of several lifelines extended by Congress to small businesses struggling to survive the COVID-19 public health crisis.
In this webinar, members of Arent Fox's COVID-19 Task Force provide an overview of Force Majeure and Related Common Law Principles. This includes analysis of the enforcement of force majeure, issues surrounding neutralizing key clauses, and critical bankruptcy questions.
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (CARES Act), a Senate bill passed just days earlier in response to the public health crisis that has emerged from the spread of COVID-19.
Arent Fox is pleased to announce that it is representing the official committee of unsecured creditors in the cases of Walker County Hospital Corp. and Juno USA LP.
On November 19, Arent Fox LLP was honored at the 18th Annual M&A Advisor Awards in New York with the prestigious Restructuring Deal of the Year award for work on the successful bankruptcy of Diesel USA Inc.
US News Ranks Arent Fox’s National Bankruptcy & Financial Restructuring Practice Among Best in the Country
In the 2020 “Best Law Firms” rankings that are published annually by US News & World Report and Best Lawyers, Arent Fox’s Bankruptcy & Financial Restructuring Practice was nationally ranked in the top tier.
Twenty-five Arent Fox LLP practices have been recognized in the 2020 “Best Law Firms” rankings that are published annually by US News & World Report and Best Lawyers.
In its inaugural review of the legal industry, Forbes has recognized Arent Fox LLP among the top corporate law firms in America as one of the best and most recommended firms for bankruptcy and financial restructuring counseling.
The Plain Meaning Language of an Intercreditor Agreement Determines Whether it Governs Plan Distributions or Adequate Protection Payments
WASHINGTON — Fifty Arent Fox LLP attorneys have been rated as leaders in their profession by The Best Lawyers in America 2020.
The New York Law Journal reported last year that Arent Fox's Les Jacobowitz asked but no one—not class counsel, the judge, and certainly not the banks—had an answer.
The 2019 edition of Legal 500 US has rated 49 Arent Fox LLP attorneys as national leaders in their field. In addition, 15 of the firm’s practice areas were ranked among the best in the country.
WASHINGTON, DC – Chambers USA: America’s Leading Lawyers for Business has recognized 31 Arent Fox LLP attorneys as leaders in their field.
Arent Fox has been engaged by BOKF, NA as successor trustee for approximately $17,525,000,000 aggregate principal amount of senior unsecured notes issued under three indentures in the Pacific Gas and Electric Company bankruptcy proceeding.
Arent Fox’s Bankruptcy & Financial Restructuring practice was retained as counsel to represent the official committee of unsecured creditors in the cases of Glansaol Holdings Inc and Philmar Care, LLC.
Bankruptcy and Financial Restructuring group West Coast team leader Aram Ordubegian recently spoke with Business Insurance about Pacific Gas & Electric Co. (PG&E)’s recent filing for Chapter 11 bankruptcy for all its businesses because of the liabilities it faces from catastrophic wildfires.
WASHINGTON, DC — Arent Fox LLP is pleased to announce that 11 partners have been rated as ‘Top Lawyers’ by Washingtonian magazine. The honorees are recognized as being among the Washington, DC-area’s “star legal talent.”
A Path Forward for Indenture Trustees - Delaware District Court Reverses Bankruptcy Court’s Disallowance of Indenture Trustee’s Postpetition Attorney’s Fees
Last week, the United States District Court for the District of Delaware (the “Court”) reversed a 2015 decision by the Delaware Bankruptcy Court (the “Bankruptcy Court”) disallowing the portion of an unsecured claim filed by appellant Wilmington Trust Company (“WTC”) for postpetition attorneys’ fees
Avoid Post-Confirmation Headaches; How Indenture Trustees and Agents Can Achieve Finality and Closure and Limit Risk in the Event Exculpation and/or Releases are Not Available
Indenture trustees and agents participate in the administration of chapter 11 cases in a number of ways, including by protecting holders’ rights, ensuring compliance with the applicable indenture and other agreements, and fulfilling their duties and responsibilities under applicable law.