The Retail Squeeze- the Story of 2017 So Far

With Christmas a distant memory, Easter and the first quarter of 2017 behind us and summer and a General Election just around the corner, how are UK retailers shaping up? You will be aware that 2016 saw many well-known retailers fall upon hard times, not least BHS amidst great controversy, Austin Reed the office-wear retailer and Brantano the value shoe maker (to name just a few) each entering administration. View Full Post
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Summer Days. . .

2017_Summer_Assoicates_GroupYesterday, we welcomed the 2017 Summer Associates (and bloggers!) to Bilzin Sumberg.  I’m excited to welcome back Hannah and Lauren and introduce to you Alex, Forrest, Eric and Luis.  Throughout the course of the summer, you’ll have the opportunity to hear from them about their experience at Bilzin Sumberg – from work assignments, tag alongs, training and mentors to social events. View Full Post
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Millenium Lab Holdings – Ruling On Third Party Releases Highlights Continuing Constitutional Questions Regarding Power of Bankruptcy Courts

By | Bankruptcy Law Insights | May 16, 2017
In Millenium Lab Holdings, Delaware District Court Judge Leonard Stark, on an appeal from a bankruptcy court order confirming a plan of reorganization, recently upheld a challenge to the bankruptcy court’s constitutional authority to release claims against non-debtor third parties under the plan.  View Full Post
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Supreme Court to Resolve Circuit Split On Scope of 546(e)’s Safe Harbor Provision

Earlier this month, the Supreme Court announced that it will review the scope of Bankruptcy Code section 546(e)’s safe harbor provision. Section 546(e) protects from avoidance those transfers that are made “by or to (or for the benefit of)” a financial institution, except where there is actual fraud.  View Full Post
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Offshore Service Companies Try Bankruptcy, Lobbying to Improve Their Finances

By | Louisiana Law Blog | May 14, 2017
Large and small offshore service companies are turning to the Bankruptcy Code for help with restructuring their balance sheet, and turning to Washington for help with generating more work. One of the largest offshore service companies in the world, Tidewater, announced this week that it will file a Chapter 11 bankruptcy petition in Delaware on or before May 17, 2017. View Full Post
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