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New York Debt Restructuring

Harris Beach PLLC

Cannabis Receiverships: Alternative Pathway to Bankruptcy in New York

Harris Beach PLLC on

Many cannabis and cannabis-ancillary businesses that have been navigating this newly legal industry have been financially hammered by the years-long delay in the completion of the New York State legal cannabis supply chain....more

Proskauer Rose LLP

New York Legislature Proposes New Sovereign Debt Restructuring Bill

Proskauer Rose LLP on

The New York State Legislature recently proposed a bill, entitled the Sovereign Debt Stability Act, intended to facilitate sovereign debt restructuring. The bill, which could be brought to a vote as soon as May or June 2024,...more

White & Case LLP

New York’s Proposed “Sovereign Debt Stability Act”: An Overview

White & Case LLP on

Since 2021, the New York Legislature has considered a number of draft bills aimed at facilitating sovereign debt restructurings and helping distressed sovereign debtors obtain the debt relief they require. While the draft...more

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