Court finds lease termination and surrender issues under Bankruptcy Code Section 502(b)(6) are not constrained by state law

Bethany D. Simmons and Noah Weingarten of Loeb & Loeb LLP examine a bankruptcy court ruling that interprets lease ...
JD Supra

Bankruptcy Court Grants In Rem Relief to Creditor, Strengthening Protections Against Serial Bankruptcy Filers

In a recent decision that reinforces creditor protections against serial bankruptcy filers, the United States Bankruptcy Court for the ...
Al Jazeera on MSN

US bankruptcy court to approve deal with Purdue Pharma and Sackler family

The deal is expected to be one of the largest settlements against an opioid manufacturer, with funds for victims.

Judge approves Purdue Pharma’s new $7B opioid settlement with the Sacklers

The move comes after a bankrupcy judge said he would approve a restructuring plan for the drug maker that includes a $7.4 billion settlement ...
SCOTUSblog

Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...

Bankruptcy judge OK's $7.4 billion OxyContin settlement

OxyContin-maker Purdue Pharma can settle claims against it by paying up to $7.4 billion to end cases filed amid the nation's ...
JD Supra

District Court affirms Bankruptcy Court’s denial of $21 million substantial contribution claim

On January 13, 2025, the United States District Court for the District of Delaware affirmed the decision by the Delaware Bankruptcy Court, holding that an unofficial committee representing tens of ...