SOUTHBAY LAW FIRM – INDUSTRY NEWS – WEEK ENDING September 14, 2024

Trends and Legislative Developments

US corporate bankruptcy filings spike in August

DIP Finance

How the Automatic Stay in Bankruptcy Can Affect Net Asset Value Facilities

Reorganization

New Jersey Bankruptcy Courts Remain a Strong Option for Debtors Seeking to Obtain a Third-Party Release in a post-Purdue Pharma World Following the BowFlex Decision

Jevic Keeps on Gifting: Third Circuit Reaffirms Solvent Debtor Exception by Holding Unsecured Creditors of Solvent Debtor Entitled to Post-Petition Interest at the Contract Rate

Unsecured Claims

Future Royalties and Bankruptcy: The Royalty Rollercoaster

Avoidance and Recovery

The Practical Consequences of Metaphysics: Who Owns a Fraudulent Transfer Claim in Bankruptcy?