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
Trucking giant Yellow Corp. skuttled operations and filed for bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware on Aug. 6, a mere three years after receiving $700 million in pandemic-era relief...more
8/14/2023
/ Bankruptcy Court ,
Chapter 11 ,
Collective Bargaining Agreements (CBA) ,
Corporate Restructuring ,
Creditors ,
Health Insurance ,
Liquidation ,
Popular ,
Shareholders ,
Unions ,
Wage and Hour
In what is now the second largest bank failure in United States history, the California Department of Financial Protection and Innovation closed embattled San Francisco-based First Republic Bank shortly after midnight...more
5/2/2023
/ Acquisitions ,
Banking Sector ,
Department of Financial Protection and Innovation (DFPI) ,
Fair Housing Act (FHA) ,
Fannie Mae ,
FDIC ,
Freddie Mac ,
Interest Rates ,
JPMorgan Chase ,
Mortgages ,
Shareholders