Juul Prepares to Seek Financing for Potential Bankruptcy Process | The Wall Street Journal -
Juul Labs Inc. has begun discussions with lenders for financing that could assist the company through a potential Chapter 11...more
...S&K Take: The big-ticket item in this week’s installment of What’s News. The Third Circuit is considering the viability of the Texas Two-Step strategy. This is the decision that everyone will have their eyes on, as it will...more
Revlon Shareholders Seek Official Representation in Bankruptcy Case | Reuters -
A group of Revlon shareholders asked a bankruptcy judge to appoint an official committee to represent them, as the group feels that their...more
Below is our initial take on recent bankruptcy-related developments:
Revlon Gets Court Approval For $1.4 Billion Bankruptcy Loan | Reuters After an objection by creditors claiming that the $1.4 billion loan could be an...more
Revlon Bankruptcy Complicated by Citi’s $900 Million Error | Financial Times -
As Revlon prepares for restructuring negotiations following its bankruptcy filing last week, it faces complications with identifying its...more
6/27/2022
/ Bankruptcy Code ,
Bankruptcy Court ,
Bankruptcy Reform ,
Biden Administration ,
Chapter 11 ,
Citibank ,
Commercial Bankruptcy ,
Creditors ,
Debt Restructuring ,
Debtors ,
New Legislation ,
Retail Market ,
Revlon
Below is our initial take on recent bankruptcy-related developments: Celsius Networks, a crypto lending platform that has marketed itself as an alternative to the traditional banking model, does not offer its users any...more
6/17/2022
/ Bankruptcy Court ,
Chapter 11 ,
Chapter 7 ,
Commercial Bankruptcy ,
Consumer Bankruptcy ,
Creditors ,
Debtors ,
Electric Vehicles ,
Johnson & Johnson ,
Lenders ,
Reorganizations ,
Revlon
Key bankruptcy issues, including the propriety of third-party releases and the so-called "Texas Two-Step," as well as determination of proper case venue, have recently drawn the attention of mainstream media, the public at...more