A Former Officer Was Not ‘Disinterested’ but Could Be Retained as a Professional Person | ABI: Judge Dale Somers adopted a ‘liberal’ construction of Section 1107(b) to retain a professional person who had been an officer of the debtor
Ninth Circuit Authorizes Trustees to Avoid Intentional Fraudulent Transfers Without Need to Demonstrate Creditor Harm | DLA Piper - JDSupra: In a case of first impression in the Ninth Circuit, the US Court of Appeals recently handed bankruptcy trustees a significant power by ruling in The Lovering Tubbs Trust v. Hoffman (In re O’Gorman) that a trustee can avoid intentionally fraudulent transfers under the Federal Bankruptcy Code, even if no creditor suffered harm as a result
East Coast port strike looms for first time since 1977. Here's what to know. - CBS News: Thousands of East and Gulf Coast port workers are ready to walk off the job on October 1. Here's what's at stake.
Vitamin Supplement Chain GNC Taps Adviser for Rent Negotiations: GNC Holdings LLCis working with advisory firm A&G Real Estate Partners as the nutrition supplement retailer seeks concessions from landlords, according to people with knowledge of the situation
Marshall Huebner discusses bankruptcy and restructuring litigation with Corporate Disputes | Davis Polk: Davis Polk partner and Restructuring practice co-head Marshall Huebner discussed trends and developments in the bankruptcy and restructuring litigation space with Corporate Disputes as part of the publication’s October-December 2024 issue
