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One of the most critical issues that attorneys and courts face is what to do with company assets during bankruptcy, specifically, how to dispose of them. Selling the firm’s assets with court approval, allowable by §363 of the bankruptcy code, permits the sale of the...
The Delaware Court of Chancery has a national reputation as the preeminent forum for business disputes. This is, in part, due to the fact that Delaware draws a large number of businesses with its business-friendly laws and tax benefits. The Court of Chancery’s...
Injunctive relief is a powerful legal remedy. If granted, a request for an injunction will result in a court requirement that the other party stop or take a specific action to reduce the risk of irreparable harm. This legal remedy can prove especially useful in merger...
Public and private corporate bankruptcies are now lower than in over a decade. Here’s how that happened and why it won’t last. How it started Through the end of September of this year, 279 companies with assets or liabilities of at least $10 million have filed for...
Entrepreneurs who are choosing a business structure must review the benefits and risks of each before making their choice. Although tax obligations can be difficult with a corporation, the personal liability protection is hard to beat. Limited liability companies...
Recent estimates find 68% of Fortune 500 companies have registered in Delaware. In 2020, over 250,000 new businesses registered in the state. With these numbers, it is no surprise that business leaders refer to Delaware as a corporate paradise. The state’s corporate...
For immediate release. The attorneys and team at , are pleased to announce our inclusion in the recently released thirteenth edition of the “Best Law Firms” rankings, collaboratively announced by Best Lawyers and U.S. News & World...
Movie theater giant Cineworld, owner of Regal Cinemas, made a reported $1.8 million in revenue in 2021 and reports strong box office numbers the first half of 2022 with the releases of Minions: The Rise of Gru and Top Gun: Maverick. Even with these numbers, leaders...
The law firm of , is mentioned in the August 29, 2022, New York Times article, “Silicon Valley's Elite Get Dragged Into Musk-Twitter Trial.” The article states: “Twitter has hired five law firms with expertise in corporate disputes and...
3M recently raised the ire of a federal judge when it announced its plan to shift the 230,000 injury lawsuits tied to its defective military earplugs to bankruptcy court. Judge M. Casey Rodgers of the U.S. District Court in Pensacola, Florida, pointed out that the...