Santa Clara, CAExactech has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware. The medical device manufacturer will sell its assets to investors due to... Read more »
Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending Sept. 30, 2024, compared with the previous year. According to statistics released by the Administrative Office of the U.S.... Read more »
Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending June 30, 2024, compared with the previous year. According to statistics released by the Administrative Office of the U.S.... Read more »
While commercial leases provide various remedies in the event of a tenant breach, there can be challenges to collecting unpaid rent or damages from an insolvent tenant. When negotiating a commercial lease... Read more »
In early February, a Delaware bankruptcy judge set new precedent by granting a creditors’ committee derivative standing to pursue breach of fiduciary duty claims against a Delaware LLC’s members and officers. At... Read more »
Whether a solar system is a “fixture” sounds like a mundane legal issue – but it has significant implications for the residential solar industry and for the financing of residential solar systems.... Read more »
US Supreme Court Justice Samuel Alito granted a stay order Friday to appellants contesting the terms of a $2.46 billion settlement between sexual abuse victims and the Boy Scouts of America (BSA).... Read more »
Bankruptcy Considerations for Unitranche Transactions with Super-Priority Revolvers without an AAL Unitranche debt is not new to the private credit market. It has, however, evolved over time. In the earlier years of the... Read more »
It’s not an easy time to be a retail pharmacy chain. This is especially true for Rite Aid, which filed for Chapter 11 bankruptcy protection in New Jersey on Sunday. In order... Read more »
Corizon Health Inc., a for-profit medical contractor for prisons, owes more than $82 million to over 1,200 creditors, but has since moved its debts and declared bankruptcy, Beth Schwartzapfel reports for USA... Read more »