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Schemes of Arrangement in Australia

A creditors' scheme of arrangement ("Scheme") can be a powerful restructuring tool implemented to achieve a variety of outcomes for a business, ranging from deleveraging or a debt-to-equity conversion to a merger and/or issue of new… more

CFPB Litigation On Fire

The Consumer Financial Protection Bureau (“CFPB”) is engaged in a firestorm of tricky litigation these days. Some highlights, in addition to the Third Circuit’s NCSLT ruling we reported on previously: With respect to the CFPB’s… more

Social Inflation: Myth or Menace?

I recently had the pleasure of presenting at a seminar on cutting-edge insurance coverage issues in the Pacific Northwest. Among the topics I addressed was “social inflation,” a term that has been the subject of much discussion… more

Budtender Bankruptcy Blindside

In a recent legal development that underscores the intricate interplay between federal bankruptcy law and the cannabis industry, a court case has emerged involving a bankruptcy filing by an employee of a cannabis company. It’s well… more

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