IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce James Irving of Bingham Greenebaum Doll LLP. James has joined IR as our exclusive Insolvency Member in US-Kentucky. Bingham Greenebaum Doll LLP is a business law firm providing transactional, litigation and government services to clients ranging from Fortune 500 businesses and Global 1000 […]
Introduction The Supreme Court will consider these key questions next term in Czyzewski v Jevic Holding Corp:(1)l May a Chapter 11 debtor in dire straits settle claims of the bankruptcy estate, receive courtapproval to distribute the settlement proceeds to junior creditors without paying priorityclaims and then obtain dismissal of the bankruptcy case on terms that […]
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IntroductionOn July 13 2016, the US Supreme Court issued its ruling in Puerto Rico v Franklin California Tax-Free Trust. Affirming the decision of the court of appeals, the Supreme Court ruled by a vote of fiveto two that the US Bankruptcy Code pre-empts the Recovery Act, which Puerto Rico enacted in 2014to address its mounting […]
CHICAGO, IL, July 5, 2016 – Following a competitive selection process, Gordon Gouveia has been appointed a member of the Bankruptcy Court Liaison Committee for the United States Bankruptcy Court for the Northern District of Illinois for the 2016-2018 term. The Bankruptcy Court Liaison Committee was formed to promote communication about bankruptcy court procedures, etiquette, […]
Last month, the IRS issued comprehensive proposed regulations which mark the first official guidance since IRS Notice 2007-62 on the application of Code section 457 to certain deferred compensation plans of state and local governments and tax-exempt entities (the “Proposed Regulations”). This client alert is an update to our February 2009 client alert “Bona Fide […]
CHICAGO, IL, July 5, 2016 – Following a competitive selection process, Gordon Gouveia has been appointed a member of the Bankruptcy Court Liaison Committee for the United States Bankruptcy Court for the Northern District of Illinois for the 2016-2018 term. The Bankruptcy Court Liaison Committee was formed to promote communication about bankruptcy court procedures, etiquette, […]
Above The Law (ATL) recently named Caplin & Drysdale‘s Bankruptcy Group among the ATL Top Law Firm Bankruptcy Practices along with thirty other firms across the country. Caplin was selected as one of the “go to” firms for Chapter 11 cases. ATL noted that for relatively small, “bantamweight” or boutique-style bankruptcy groups like Caplin & Drysdale: “huge […]
Shaw Fishman Launches Delaware Office, Bringing Nation’s Premier Bankruptcy Boutique to this Key Bankruptcy Venue Firm Launches Wilmington Office With Addition of Veteran Bankruptcy Attorney WILMINGTON, Del. (June 16, 2016) – Shaw Fishman Glantz & Towbin LLC today announced that it will open a new office in Delaware, bringing the sophistication, efficiency and value of […]
In a world of free-ranging capital and cross-border transactions, the question of whether US courtswill apply US law to transactions taking place in other countries is important. It is therefore a matterof both interest and concern that judges in the Southern District of New York have reached oppositeconclusions when asked to give extraterritorial effect to […]
The retirement and health plans of churches and certain other religious organizations are entitled to specific exemptions under federal benefits laws. These include an exemption from the fiduciary, funding, and other requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”). They also include an exemption or accommodation from the contraceptive coverage mandate of […]