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$7.5 million Debt Threshold for Subchapter V Bankruptcy Extended Another Year

USA - April 4 2021 The COVID-19 Bankruptcy Relief Extension Act of 2021, enacted on March 27, gives small businesses with noncontingent liquidated debts (excluding…

Bethany D. Simmons

New Benefits For Some Businesses Filing Bankruptcy; Many to Lose Eligibility March 27

USA - February 7 2021 The Consolidated Appropriations Act, 2021 (CAA), enacted in December 2020, expands on the advantageous reorganization terms already available for…

Bethany D. Simmons

CARES Act Expands Small Business Reorganization to Enterprises with Up to $7.5 M in Debt

USA - April 6 2020 The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act expands the application of the Small Business Reorganization Act of…

Daniel B. Besikof

Mission Product Holdings, In.c v. Tempnology, LLC

USA - May 20 2019 In 8-1 decision resolving circuit court split, U.S. Supreme Court holds that bankrupt company’s rejection of executory contract containing trademark…

Melanie J. Howard, Peter Pottier

Mission Product Holdings, Inc. v. Tempnology, LLC n/k/a Old Cold LLC

USA - October 26 2018 The U.S. Supreme Court has agreed to hear a case that could settle a decades-old debate surrounding the fate of trademark licenses in bankruptcy. The…

Walter H. Curchack, Daniel D. Frohling, Melanie J. Howard