As we pass the midpoint of 2022 and the world expresses a collective sigh of relief that the worst of the COVID-19 pandemic seems to be behind us, a perfect storm of extraordinary factors is creating conditions for financial...more
7/7/2022
/ Anti-Assignment Clauses ,
Automatic Stay ,
Bankruptcy Code ,
Breach of Contract ,
Chapter 11 ,
Chapter 7 ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Debtors ,
Executory Contracts ,
Fraud ,
Goods or Services ,
Liens ,
Risk Mitigation ,
Supply Chain
On June 25, 2017, Takata’s US arm, TK Holdings Inc. and certain affiliates excluding certain foreign debtors such as Takata Corporation (Japan) (the “Takata US Debtors”), filed chapter 11 cases seeking bankruptcy protection...more
7/8/2017
/ Automotive Industry ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Executory Contracts ,
Foreign Affiliates ,
International Litigation ,
OEM ,
Product Defects ,
Sale of Assets ,
Suppliers ,
Supply Chain ,
Takata ,
Unsecured Debt ,
Vendor Contacts
The automotive industry has recently enjoyed a strong period of sales growth and productivity. But even during this period, some manufacturers and raw materials suppliers continue to face pressures presented by financially...more
6/23/2015
/ Adequate Assurances ,
Automotive Industry ,
Chapter 11 ,
Contract Amendments ,
Contract Negotiations ,
Contract Terms ,
Executory Contracts ,
Repudiation ,
Suppliers ,
Supply Contracts ,
Uniform Commercial Code (UCC)