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Bankruptcy Code Commercial Bankruptcy Proposed Legislation

White and Williams LLP

23andMe Sale Update

White and Williams LLP on

Our previous report on the Chapter 11 case of 23andMe discussed the Sale Order entered by the Bankruptcy Court on June 27, which approved the proposed sale of substantially all of the assets of the company. We noted that...more

Morgan Lewis

Proposed Legislation May Limit Chapter 11 Plan Releases

Morgan Lewis on

Chapter 11 plans of reorganization provide creditors with recoveries (cash or new securities) in exchange for a release and discharge of all claims against the debtor. Many Chapter 11 plans go a step further to release claims...more

Dorsey & Whitney LLP

House Harvests Increase in Farmer Eligibility for Bankruptcy – Senate Sows Seeds to Match

Dorsey & Whitney LLP on

On July 26, 2019, the U.S. House of Representatives passed H.R. 2336, the Family Farmer Relief Act of 2019.  The primary purpose of the bill, sponsored by Rep. Anthony Delgado (D-NY), is to increase the debt limit for filing...more

Jones Day

The Year in Bankruptcy: 2018

Jones Day on

Rumors of another recession multiplied as the tumultuous second year of the Trump administration came to a close. Highlights of 2018 included a simmering trade war with China; political upheaval after the House of...more

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