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About 44% of Chapter 11s are Subchapter V Cases

About 44% of Chapter 11s are Subchapter V Cases
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Complicit Defendants Lose, Sovereign Agency Wins in Eternal Madoff Litigation | Goodwin

Two recent decisions in the Madoff bankruptcy cases illustrate that the legacy of Bernie Madoff will long survive the man himself. Bernie Madoff died on April 14, 2021,...

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Opinion | The Supreme Court should bless the Purdue Pharma settlement

Opinion | The Supreme Court should bless the Purdue Pharma settlement
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Tara Twomey New Director of the U.S. Trustee Program

The Justice Department announced today Attorney General Merrick B. Garland has selected Tara Twomey to serve as Director of U.S. Trustee Program USTP at Department of Justice. United States Trustee Program plays a critical role in ensuring the fairness of bankruptcy process.

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Subchapter V Changed The Chapter 11 Bankruptcy Landscape – How Should A Creditor Protect Itself? | Kelley Drye & Warren LLP

Subchapter V was intended to be the faster, easier, and cheaper version of Chapter 11 bankruptcy, allowing small “Main Street” businesses to reorganize like mid-size and large...

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Business Restructuring Review | Vol. 21 No. 2 | March–April 2022 - Insolvency/Bankruptcy/Re-structuring

In the 20 years since Jones Day launched the Business Restructuring Review as a platform for keeping clients and friends informed of significant developments in business bankruptcy, ...

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Must Foreign Debtors Have U.S. Property to be Eligible for Relief under Chapter 15? | Blank Rome LLP

Chapter 15 of the U.S. Bankruptcy Code provides a streamlined process for recognition (a form of comity) of a foreign insolvency proceeding. However, courts are divided as to whether a...

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