Industry News -
Washington Prime Group Announces Successful Completion of Financial Restructuring...
J&J is using a bankruptcy maneuver to block lawsuits over baby powder cancer claims...more
10/26/2021
/ Bankruptcy Court ,
Buyouts ,
Chapter 11 ,
Commercial Bankruptcy ,
Guitar Center ,
Hertz ,
Johnson & Johnson ,
Limited Liability Company (LLC) ,
Proposed Legislation ,
Public Policy ,
Restructuring
The Bankruptcy Court for the District of New Jersey dismissed a voluntary Chapter 11 petition of a Delaware LLC based on a provision in its LLC agreement that restricted the company’s authority to seek bankruptcy protection....more