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In re Chesapeake Energy Corporation and In re Extraction Oil & Gas, Inc.

USA - November 4 2020 It is common for E&P companies in chapter 11 to seek to reject burdensome midstream contracts under Bankruptcy Code § 365. Rejection has not been…

Damien R. Lyster, David S. Meyer, George R. Howard, John M. Grand, Katherine Drell Grissel, Matthew R. Stammel, Paul E. Heath, Steven M. Abramowitz, Suzanne E. Clevenger, William L. Wallander.

Tribune Cramdown Standard

USA - September 3 2020 On August 26, 2020, the U.S. Court of Appeals for the Third Circuit affirmed Delaware Bankruptcy Judge Kevin Carey’s order confirming the Tribune…

David S. Meyer, George R. Howard, Paul E. Heath, Steven M. Abramowitz, William L. Wallander.

The Paycheck Protection Program and Bankruptcy

USA - July 16 2020 The COVID-19 pandemic has heavily disrupted our lives, communities, and businesses. Even with new approaches, not all businesses can overcome the…

Adrianne L. Goins, Brittany A. Sakowitz, David S. Meyer, George R. Howard, Jessica C. Peet, Paul E. Heath, Steven M. Abramowitz, William L. Wallander.

In re Pace Industries, LLC: Minority Shareholder with Bankruptcy Consent Rights Considered Controlling Minority Shareholder with Fiduciary Duties

USA - May 18 2020 A recent bench ruling in In re Pace Industries, LLC by Judge Walrath for the Bankruptcy Court for the District of Delaware (the “Court”) has…

David S. Meyer, Katherine Drell Grissel, Paul E. Heath, Steven M. Abramowitz, William L. Wallander.

Trademark Licensees Retain Their Rights to Use a Debtor’s Trademarks Despite the Debtor-Licensor’s Rejection of the Licenses

USA - May 22 2019 The question regarding whether a trademark licensee may continue to use a license after a debtor-licensor rejects the license in its bankruptcy case…

David S. Meyer, Katherine Drell Grissel, Paul E. Heath, Steven M. Abramowitz, William L. Wallander.