The U.S. Supreme Court closed its last session of the year on Dec. 4 by hearing oral argument in Harrington v. Purdue Pharma LP.
The issue to be resolved by the court is the scope of the authority of the bankruptcy court...more
Bankruptcy can be a remarkable tool for rehabilitating a struggling business, preserving jobs and going-concern value, and liquidating the assets of an insolvent company.
The drafters of this country's bankruptcy laws...more
10/13/2023
/ Bankruptcy Code ,
Bankruptcy Court ,
Cannabis-Related Businesses (CRBs) ,
Chapter 11 ,
Controlled Substances Act ,
Debtors ,
Department of Justice (DOJ) ,
Dismissals ,
Liquidation ,
Motion to Dismiss ,
Recovery Plans ,
Shareholders ,
U.S. Treasury
Accounts receivable serve as an important source of collateral – indeed, receivables and other rights to payment represent the lifeblood of asset-based lending, securitizations and factoring arrangements. Article 9 of the...more
9/29/2023
/ Accounts Receivable ,
Article 9 ,
Creditors ,
Debt Collection ,
Debtors ,
Enforcement ,
Financial Statements ,
Intangible Property ,
Lenders ,
Uniform Commercial Code (UCC) ,
Vendors