Bankruptcy & Restructuring News Headlines for Thursday Jan 6, 2022

Here's what we are reading this morning:

In Financial Times, Ryan Preston Dahl Discusses Potential Impact of Proposed Bankruptcy Legislation | Ropes & Gray LLP: Ryan discusses how Senator Warren’s proposed legislation would make equity sponsors directly liable substantially all obligations of controlled portfolio companies as well as the extent to which that legislation intends to upend fundamental aspects of corporate law and finance.

Boy Scouts Fall Short of Desired Vote on $2.7 Billion Abuse Settlement - WSJ: The Boy Scouts of America fell short of winning the level of support it sought from sex-abuse victims for the nearly $2.7 billion settlement plan that would lift the organization out of bankruptcy, according to a preliminary vote count released Tuesday.

New masking rules for Federal courts in Maryland: All persons must wear a KN-95, N-95, or surgical mask that completely conceals the wearer's nose and mouth. A cloth mask is acceptable only if utilized in conjunction with an approved mask or insert equivalent to an approved mask.

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