Our Creditors’ Rights and Business Restructuring practice group won two international awards in 2018 for their work on the $4.5B global debt restructuring of PT Bumi Resources Tbk. Our team was recognized for the “Debt Market Deal of the Year” awarded by Thomson Reuters’ Asian Legal Business (ALB) at the SE Asia […]
On June 4, the U.S. Supreme Court sent a clear message regarding the requirements for non-dischargeability under the Bankruptcy Code, holding that a debtor’s misleading statement to a creditor regarding a single asset was a statement “respecting the debtor’s . . . financial condition” which must be in writing to […]
In a decision not following developing nationwide rulings regarding the effect of registration to do business, the Pennsylvania Superior Court, in a unanimous decision, held that foreign companies that register to do business in Pennsylvania have “consented” to general personal jurisdiction in the Commonwealth. The Court in Webb-Benjamin, LLC v. International Rug Group, […]
A recent decision granting summary judgment for the defendant presents a compelling model for successfully defeating a failure to warn claim. Wu Jiang v. Ridge Tool Company, et. al, decided by the Honorable Rosalynn R. Mauskopf of the Eastern District of New York on March 27, 2018, is significant because it […]