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Superstorm Hurricane Sandy's impact upon business & retailers - bankruptcy and alternatives

  • Duane Morris LLP
  • -
  • USA
  • -
  • March 5 2013

In the wake of Hurricane Sandy many businesses have been negatively impacted financially throughout regions from Connecticut, New York, New Jersey

California Supreme Court resolves Court of Appeal split, holding that Section 2010 of the California Corporations Code -- California's "Survival Statute" -- does not apply to foreign corporations

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • February 27 2013

In Greb v. Diamond Int'l Corp., 2013 WL 628328 (Cal. Feb. 21, 2013), the California Supreme Court unequivocally and unanimously laid to rest the

BLG Monthly Update

  • Borden Ladner Gervais LLP
  • -
  • Argentina, Australia, Canada, United Kingdom, USA
  • -
  • December 19 2012

The BLG Monthly Update is a digest of recent developments in the law which Neil Guthrie, our National Director of Research, thinks you will find

International regulatory update 10-14 December 2012

  • Clifford Chance LLP
  • -
  • European Union, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
  • -
  • December 17 2012

The European Council (Heads of State or Government) has published the conclusions from its meeting on 13 and 14 December 2012, at which it agreed on a roadmap for the completion of the Economic and Monetary Union

Board resignations and bankruptcy

  • Kaye Scholer LLP
  • -
  • USA
  • -
  • December 12 2012

Whether to resign from a board of directors at a time when a company is seriously considering filing for bankruptcy is one of the most difficult decisions most board members will ever face

Taking a security interest in a closely held business

  • Sherman & Howard LLC
  • -
  • USA
  • -
  • November 1 2012

If a loan or extension of credit requires collateral, banks prefer collateral that is readily marketable rather than taking a security interest in a closely-held business

Don’t place blind reliance on boilerplate contract provisions

  • Burns & Levinson LLP
  • -
  • USA
  • -
  • October 18 2012

After putting all of the specific deal points into a new contract, you are just about finished

New Illinois legislation may help curb fraudulent lien filings by disgruntled debtors

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • October 12 2012

Disgruntled debtors seeking to evade their obligations by filing fraudulent liens soon face new threats under Illinois law

“An intentionally tough law”: employment rights lost by “responsibly connected” individuals when their PACA-licensed companies became insolvent

  • Davis Wright Tremaine LLP
  • -
  • USA
  • -
  • October 6 2012

The Perishable Agricultural Commodities Act of 1930 (“PACA”) is deservedly renowned for its provisions creating a statutory trust on sold perishable commodities, and the products and revenues thereof

Second Circuit affirms dismissal of debtor’s attempted subordination of former corporate parent’s claim

  • Schulte Roth & Zabel LLP
  • -
  • USA
  • -
  • September 21 2012

The U.S. Court of Appeals for the Second Circuit recently dismissed a corporate debtor’s attempt to subordinate its former corporate parent’s contract damage claim on the ground that it was a securities fraud claim

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