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Commercial Bankruptcy Lenders

Offit Kurman

Delaware Non-Consolidation Opinions: A Critical Tool in Structured Finance Transactions

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In sophisticated commercial real estate and other finance transactions, bankruptcy risk is not an abstract concern; it is a central underwriting consideration....more

Jones Day

The Year in Bankruptcy: 2025

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Of all the possible words to describe the economic and financial developments in the United States (and abroad) during 2025, "tumultuous" is probably the most apt. Global financial highlights included: trade disruptions...more

Adams & Reese

Read the Fine Print: An Authorization Clause Rescues a Creditor's Lapsed $1 Million Agricultural Security Interest in Bankruptcy...

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A recent bankruptcy opinion delivers welcome news for secured creditors: Even if a financing statement lapses, a creditor can re-perfect its security interest by filing a new financing statement—so long as the underlying...more

Ropes & Gray LLP

Distressed Debt Legal Insights: Special Edition: 2025 Takeaways and 2026 Outlook

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Welcome to a special edition of Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of liability management and special situations finance....more

Mayer Brown

New York Court Draws Limits to Encroachment on Sacred Rights in STG Logistics

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On January 3, 2026, the New York State Supreme Court delivered a win to a group of minority lenders to STG Logistics (“STG”), denying four motions to dismiss the minority lenders' lawsuit seeking to unwind or be awarded...more

Morgan Lewis

Recent Bankruptcy Cases and Managing Fraud Risk

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Recent high-profile bankruptcy filings underscore how rapidly financial distress can escalate when aggressive growth strategies, complex financing structures, and weak controls intersect. The Tricolor Auto Group and First...more

A&O Shearman

Court rulings on “fair” treatment of creditors reshape UK restructuring landscape

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The UK courts are redefining the standards for creditor treatment under the country’s restructuring plans. Amid developing case law around “fairness” in court-sanctioned processes, market participants are exploring...more

A&O Shearman

U.S. restructuring 2025 review and 2026 outlook

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U.S. bankruptcies and restructurings are expected to remain broadly steady in 2026, providing ample opportunity for restructuring and special situations investment. In the meantime, the U.S. market is assessing the...more

Ervin Cohen & Jessup LLP

What Is the Proper Venue for Filing Financing Statements and Judgment Liens When the Entity Involved Was Formed Out of State?

Q: I am a receiver for a Delaware LLC who’s business is operated in California and Nevada. A creditor of the LLC has contacted me demanding   that I turnover the proceeds of receivables I have collected, contending it has a...more

Walkers

Bankruptcy remoteness for Cayman drop-down SPVs: A practical refresher for fund finance

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Cayman bankruptcy remote features must be tailored to each vehicle type with mitigation measures including constraints on voluntary winding up throughout the facility’s life. Exempted companies, LLCs and ELPs each...more

Holland & Knight LLP

Illinois Adopts Expansive Receivership Act Effective January 1, 2026

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The Illinois Receivership Act (the Act) creates a comprehensive statutory framework for commercial receiverships, effective January 1, 2026, that in practice functions as a "mini bankruptcy." The Act modernizes and...more

DLA Piper

Beyond chapter 11: How US companies are using UK restructuring plans

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As a result of a well-developed recognition regime in the United States and the adoption of accessible restructuring laws in jurisdictions around the globe, new options for restructuring global businesses have emerged. In...more

Fox Rothschild LLP

New Jersey Bankruptcy Judge Michael Kaplan on Bankruptcy Practice – Pragmatism, Feasibility, and the Realities of Chapter 11

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In Episode 22 of The Octus Download (available on Apple Podcasts, Spotify, Amazon Music), hosts Jason Sanjana and Kevin Eckhardt interviewed the Honorable Michael B. Kaplan, U.S. Bankruptcy Judge for the District of New...more

Ropes & Gray LLP

2025 London Capital Solutions and Business Restructuring Year in Review

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Private credit has become a defining force in European capital structures, accelerating out-of-court outcomes, introducing more bespoke documentation and shifting negotiation leverage in restructurings....more

Ropes & Gray LLP

Distressed Debt Legal Insights - STG Logistics' LMT Litigation

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Welcome to Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of liability management and special situations finance. In this issue we discuss the first...more

Troutman Pepper Locke

Selling a Distressed Asset — PE Pathways Podcast

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This is the second episode in our series on private equity and distressed assets with attorneys from our Bankruptcy + Restructuring and Private Equity practice groups. In this episode, Private Equity Partner Thao Le is...more

Offit Kurman

2025 WRAPPED

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2025 is nearly in the books, but before we turn the page, we’re taking a step back to reflect on some overlooked lessons from the bankruptcy courts. We’ve combed through the year’s rulings and selected three cases that merit...more

Seward & Kissel LLP

The What’s News Top Ten of 2025

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In 2025, we offered our takes on the most newsworthy stories in bankruptcy law. Here are the ten posts that got the most attention from our readers. ...more

Arnall Golden Gregory LLP

Restructuring Roundup - December 2025

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains...more

Patterson Belknap Webb & Tyler LLP

Federal District Court Ruling Upholds Uptier Transactions

Federal District Judge Randy Crane recently issued a written decision in Wesco Aircraft Holdings, Inc. v. SSD Invs. Ltd., validating Wesco’s 2022 uptier exchange transactions and reversing a ruling by Bankruptcy Judge Marvin...more

McDermott Will & Schulte

Transatlantic restructuring trends: What to expect in 2026

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It has been a tumultuous year, with modest economic growth with a continuing steady flow rather than a new wave of restructurings. Tariffs, layoffs, and industry-specific structural weaknesses are projected to constrain US...more

Jones Day

Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens

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Causes of action for avoidance and recovery of preferential, fraudulent, or unauthorized transfers often are a means of generating value for the benefit of the estate and creditors in a bankruptcy case. For this reason, many...more

Jones Day

Liability Management After ConvergeOne: Equal Treatment, Exclusive Opportunities, and the Next Phase of "Lender-on-Lender" Warfare

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For more than a decade, borrowers and their sponsors have used liability management exercises ("LMEs") to create runway, preserve liquidity, and rationalize capital structures outside of formal insolvency proceedings. In...more

Ropes & Gray LLP

Distressed Debt Legal Insights - December 2025

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Welcome back to Distressed Debt Legal Insights, Ropes & Gray’s new source of timely insights for professionals navigating the complex world of liability management. In this edition, we’re looking at how Anthology resolved an...more

Davidoff Hutcher & Citron LLP

90 Days Before Filing: A Pre-Bankruptcy Planning Checklist for New York Restaurant Owners

Most restaurant bankruptcies are won or lost before the case is ever filed. The 90 days leading up to a filing are critical for New York restaurant owners: the moves you make (or don’t make) can affect everything from your...more

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