Bankruptcy

How to Prevent Personal Liability for In-House Counsel During Financial Distress

How to Prevent Personal Liability for In-House Counsel During Financial Distress

Learn the best strategies to mitigate personal liability for in-house counsel at times of bankruptcy and financial distress.

Chancery Court Says Compliance With Delaware’s ABC Statute Isn’t Optional

Chancery Court Says Compliance With Delaware’s ABC Statute Isn’t Optional

Delaware’s ABC statute has its own requirements, and failure to comply may leave Chapter 7 as the only alternative. Learn more about this latest ruling.

Are Arbitration Clauses Enforceable in Bankruptcy?

Are Arbitration Clauses Enforceable in Bankruptcy?

Today’s General Counsel contributor Kenneth Rosen poses the question: “Are arbitration clauses enforceable in bankruptcy?” He provides a nuanced response.

Supreme Court Favors Insurers’ Chapter 11 Rights

Supreme Court Favors Insurers’ Chapter 11 Rights

Learn more about this significant development for insurers’ Chapter 11 rights and what it means for bankruptcy proceedings.

Understanding Bankruptcy Code Section 363(m): Appellate Review and Buyer Protections

Read about recent rulings around Bankruptcy Code Section 363(m) and how it protects asset buyers in bankruptcy, limiting appeals without a stay.

financial distress

Navigating Financial Distress: Protecting Yourself as an Officer, Director, or In-House Counsel

A company’s financial distress may expose officers, directors, and in-house counsel to personal liability. Learn how the business judgment rule acts as a shield.

Fifth Circuit Opens Ethics Probe As Bankruptcy Judge Resigns

Fifth Circuit Opens Ethics Probe As Bankruptcy Judge Resigns

Courthouse News reports that U.S. Judge David R. Jones has resigned effective Nov. 15, from the bankruptcy court for the […]

falling domino and businessman

IP Consequences of Asset Sales in Bankruptcy

A bankruptcy case of a licensee creates a series of pitfalls that can impact the rights of a licensor of […]

A Business You Have a Contract With Files Chapter 11: What Do You Do?

A Business You Have a Contract With Files Chapter 11: What Do You Do?

A business in financial trouble may file Chapter 11 in bankruptcy court to get a breathing spell and try to […]

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