Today we report on two recent decisions. One involves the calculation of landlord damage claims and the extent such claims are subject to the damage cap under Section 502 of the Bankruptcy Code. The ...
A New Jersey federal judge has dismissed a lawsuit that claimed Johnson & Johnson (JNJ) engaged in fraud by using bankruptcy ...
In its decision, the court maintained that the equitable powers of bankruptcy courts were sufficiently broad to subordinate a claim (even a claim that arose under 502(h)) on equitable grounds under ...
If you have a 23andMe account, you have until July 14 to file a claim as part of the restructuring in its bankruptcy case. The filing claim allows eligible customers to seek compensation for financial ...
When a commercial tenant files for bankruptcy, they have the option to assume or reject unexpired leases. A bankruptcy lease rejection is a significant action, as it communicates the debtor’s intent ...
3AC liquidators have been trying to claw back funds held by the hedge fund on FTX since it filed a June 2023 claim in the collapsed exchanges bankruptcy case. A US bankruptcy court has authorized ...
“There is only going to be one winner here, and it’s not going to be you—give in while there is something still left in it for you,” said one LLC member to the other. With co-owners like that, who ...
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