Industry News – January 28, 2022 – Insolvency/Bankruptcy/Restructuring

0



Worldwide: Industry News – January 28, 2022

To print this article, all you need to do is be registered or log in to Mondaq.com.








Industry News













January 26, 2022 (Reuters)


A group of bankruptcy law professors are seeking to weigh in on Johnson & Johnson’s use of the bankruptcy system to settle lawsuits alleging its talc products cause cancer, calling the strategy a “gross abuse”.










January 26, 2022 (Yahoo! Finance)


As the financial world waits for the Federal Reserve’s monetary policy announcement on Wednesday afternoon in Washington, some of the top bond fund managers have already made their moves.










January 26, 2022 (Washington Post)


The biggest bankruptcy ever in the municipal debt market is on the verge of being resolved, now that a US judge has approved a restructuring plan for Puerto Rico. Yet many other challenges await investors, the island’s still bankrupt power company and its beleaguered residents. Even with a sharp reduction in debt payments, the key question for Puerto Rico is whether it can turn around an economy that has been shrinking for years amid steady population loss.








The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

POPULAR ARTICLES ON: Insolvency/Bankruptcy/Restructuring around the world

Material Consolidation and Non-Consolidation Opinions

Cadwalader, Wickersham & Taft LLP

In this article, the authors review the elements that should be included in a non-consolidation opinion issued to the lender in the context of a structured finance transaction by the board of the special purpose entity.



Source link

Share.

Comments are closed.