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A Tale of 2 Rulings: Serta, Mitel Cases Remind Why Contract Language Matters in Debt Documents

A three-judge panel of the U.S. Court of Appeals for the Fifth Circuit has unanimously held that the debt exchange undertaken by Serta Simmons Bedding did not qualify as an "open market purchase" under the terms of Serta's...more

Podcast - Increased Bankruptcies in the Pharmaceutical Sector [Video]

In this "Counsel That Cares" podcast episode, bankruptcy attorney Phillip Nelson is joined by special guests Ron Winters and Allan Shaw from Gibbins Advisors, a management consulting firm focused in the healthcare sector. The...more

Mission (Products) Accomplished: Trademark License Not Rescinded Upon Rejection in Bankruptcy - Supreme Court's Decision Ends...

• In Mission Product Holdings Inc. v. Tempnology LLC, the U.S. Supreme Court holds that rejection through U.S. Bankruptcy Code Section 365 does not terminate a trademark licensee's right to use a licensed trademark. The...more

Recent Ruling Against Puerto Rico Revenue Bondholders Causes Waves in U.S.

• The U.S. Court of Appeals for the First Circuit has upheld a controversial ruling by a U.S. District Court in a case involving special revenue bonds issued by the Puerto Rico Highway Transportation Authority (PRHTA). • The...more

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