They say every man needs protection, they say that every man must fall. For over 40 years, “the bankruptcy community has recognized the resolution of mass tort claims as a widely accepted core function of bankruptcy courts,”...more
7/10/2024
/ Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Complex Litigation ,
Creditors ,
Debt Restructuring ,
Debtors ,
Purdue Pharma ,
Reorganizations ,
SCOTUS ,
Shareholders
In the first appeal of a restructuring plan under Part 26A Companies Act 2006, the English Court of Appeal unanimously set aside the first instance decision sanctioning the plan proposed by AGPS BondCo PLC, part of the Adler...more
The right to set off a claim is a legal concept through which reciprocal claims between a creditor and a debtor company are settled against each other reducing or extinguishing the smaller claim and leaving only a balance...more