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Third Circuit Court of Appeals Permits Chapter 11 Debtor to Reject Expired CBA
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • January 26 2016

It is a familiar scenario: a company is on the verge of bankruptcy, bound by the terms of a collective bargaining agreement (CBA), and unable to


Third Circuit Permits Chapter 11 Debtor to Reject Expired CBA
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • January 26 2016

It is a familiar scenario: a company is on the verge of bankruptcy, bound by the terms of a collective bargaining agreement (CBA), and unable to


Insider Loans Equitably Subordinated
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • January 22 2016

In SGK Ventures, LLC, the Bankruptcy Court for the Northern District of Illinois ordered that the secured claims of two entities controlled by


Que Certa, Certa: Supreme Court’s Review of Puerto Rico Recovery Act May Hinder Creditor Negotiations
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • Puerto Rico, USA
  • December 8 2015

It is said that muddy water is best cleared by leaving it be. The Supreme Court’s December 4 decision to review the legality of Puerto Rico’s local


A warning to directors and officers failure to give proper WARN Act notice may breach your fiduciary duty
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • October 9 2015

At first glance, Stanziale v. MILK072011, looks like someone suing over a bad expiration date and conjures up images of Ron Burgundy proclaiming


First Circuit hears oral arguments on validity of Puerto Rico’s Recovery Act
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • Puerto Rico, USA
  • May 6 2015

A few reactions to today's oral arguments before the U.S. Court of Appeals for the First Circuit regarding the validity of Puerto Rico's Recovery


What to make of a diminished thing: tobacco bond defaults and restructurings
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • March 11 2015

There is little poetry in tobacco bonds these days. Cigarette consumption has declined beyond projections, and the advent of e-cigarettes may


Puerto Rico’s Recovery Act ruled preempted: what now?
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • Puerto Rico, USA
  • February 8 2015

At the end of "The Candidate", Robert Redford's title character, having won, famously asks, "What do we do now?" A similar question can be asked now


Municipal bond interest paid by a bond insurer after an issuer’s bankruptcy discharge can remain tax-exempt
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • December 22 2014

In the aftermath of recent municipal bankruptcies in which issuers proposed andor implemented bankruptcy plans involving partial discharges of the


Trademark licensees may be protected in a licensor’s bankruptcy even after a “free and clear” sale
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • December 19 2014

The Bankruptcy Code generally permits intellectual property licensees to continue using licensed property despite a licensor's bankruptcy filing