
Christiana Johnson
Articles
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May 10, 2024 |
mondaq.com | Douglas Mintz |Abbey Walsh |Christiana Johnson
In an opinion issued on April 22, 2024, Judge Martin Glenn of the Bankruptcy Court for the Southern District of New York rejected the debtors' efforts to "lock up" plan votes in the chapter 11 cases of GOL Linhas Aéreas Inteligentes S.A. and certain of its affiliates.
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Dec 13, 2023 |
mondaq.com | Douglas Mintz |Reuben E. Dizengoff |Christiana Johnson
On Dec. 4, 2023, the US Supreme Court heard oral arguments in Harrington v. Purdue Pharma L.P., No. 23-124 (US argued Dec. 4, 2023), on whether a bankruptcy court may approve a Chapter 11 reorganization plan that non-consensually releases direct claims against non-debtor third parties. The Court's decision may dictate whether a third-party non-debtor will be able to discharge civil litigation claims without having to file for bankruptcy or follow Bankruptcy Code requirements.
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