PennySaver – Preference Actions Filed

On May 23, 2017, Don A. Beskrone, the chapter 7 trustee for the estate of PennySaver USA Publishing, LLC filed preference actions against 46 defendants.  PennySaver was an iconic company that specialized in the production, printing, and dissemination of a free weekly publication, offering coupons and classified ads to targeted audiences. View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Legal Writing for Dummies (and Summer Associates)

Being a strong writer is a requirement for practicing law, but ask a lay person and they may tell you “legal writing” evokes thoughts of confusing contracts and memos filled with obscure Latin phrases. Fortunately for us, Susan McCloskey of Susan McCloskey Writing Consultants came to Bilzin Sumberg this week to help us keep our writing clear, effective, and sans-“legalese.” View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Tidewater, Inc. Bankruptcy Update – Utilities Motion

On May 17th, Tidewater, Inc. and its affiliated debtors (“Tidewater” or “Debtors”) filed for chapter 11 protection in the United States Bankruptcy Court for the District of Delaware. On the same day, the Court entered an Interim Utilities Order (click here), which among other things sets forth deadlines for utility providers to object to the proposed adequate assurance procedures or the amount of adequate assurance.   View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Statutory Employer: a Louisiana Law Primer

By | Louisiana Law Blog | May 25, 2017
Under Louisiana law, workers’ compensation is the exclusive remedy that an employee may assert against his employer or fellow employees for work-related injury, unless he was the victim of an intentional act. That exclusive remedy also extends to statutory employers. Workers’ compensation legislation was enacted to provide social insurance to compensate victims of industrial accidents, and it reflects a compromise between the competing interests of employers and employees: View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Late Charges On Balloon Payments: How Big Can They Be?

Getting charged extra for a late payment is standard protocol in lending practices. Judges, lawmakers and regulators have long agreed there’s an administrative hassle lenders should be compensated for when having to recover money past its due date. But in the commercial real estate industry, there’s a new question related to maturing loans originated before the financial crisis: Can a lender charge a late fee on the full amount of a balloon payment due at maturity? View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Unfinished Business: Insolvency Rules 2016 and Changes Still to Come

The Insolvency Rules (England and Wales) 2016 (“IR2016”) came into force on 6 April 2016 applying to most corporate and personal insolvency regimes in England and Wales. However, there is still unfinished business for the Government and further regulation is expected to be introduced later this year to ensure the changes apply uniformly in all areas. View Full Post
Tweet Like LinkedIn LinkedIn Google Plus

Louisiana Native Scott Angelle to Head the Bureau of Safety and Environmental Enforcement (BSEE)

By | Louisiana Law Blog | May 23, 2017
BSEE By Michael J. O’Brien Scott Angelle, a native of Breaux Bridge, Louisiana, has been appointed by the Trump Administration to head the Bureau of Safety and Environmental Enforcement (“BSEE”).  Mr. Angelle first held public office in the late 1980’s. He has since served as a Parish President, Secretary of Louisiana’s Department of Natural Resources, and, most recently, as Chairman of the Louisiana Public Service Commission. View Full Post
Tweet Like LinkedIn LinkedIn Google Plus