The Jevic Case: High Court Rejects Deviations to Chapter 11 Structured Dismissals

In March, the U.S. Supreme Court overruled the decision of three lower courts by determining the Bankruptcy Code does not permit “priority skipping” in Chapter 11 structured cases. Kurt Mayr and Shannon Wolf examine the pivotal Czyzewski v. Jevic Holding case and explain the implications for future structured dismissals in Chapter 11 cases.

Philadelphia Credit and Restructuring Summit: Energized by New Location, Women Exec Panel

The Philadelphia Credit and Restructuring Summit celebrated its 10th anniversary by moving to a new location and adding a panel of women executives to the lineup. Lenders, turnaround professionals and bankruptcy judges enjoyed a round of Judicial Jeopardy before discussing serious matters ranging from possible federal tariffs on foreign goods to the ramifications of the Supreme Court’s ruling on structured dismissals in bankruptcy.