In a stock purchase transaction, the outstanding stock of the target company is transferred directly by its stockholders to the purchaser, with a stock purchase agreement serving as the primary governing...
Recreational cannabis continues to gain in popularity as more states legalize its use. To meet this growing demand, an increasing number of landlords are renting space to cannabis retail businesses. Both...
This practice note explains whether and how drug, medical device, biologics, and other life sciences companies should include ADR mechanisms in their contracts to resolve commercial disputes. Read now...
Do you need to understand when a U.S. employer may have to comply with U.S. labor and employment laws extraterritorially and when a foreign employer with operations in the United States is responsible...
Read this new practice note by Daniel Swanson and Julian Kleinbrodt from Gibson, Dunn & Crutcher to get up to speed on antitrust risks in intellectual property licensing. Leverage legal strategies...
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Structured dismissal refers to a bankruptcy court dismissal order containing terms and conditions that are in addition to, or which modify, the provisions of Section 349(b) of the Bankruptcy Code. Bankruptcy courts continue to approve structured dismissals that do not violate Czyzewski v. Jevic Holding Corp., 580 U.S. 451, 468-69 (2017). Check out this practice note for a discussion of the basis for structured dismissal and provisions that are typically included in the order.
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DID YOU KNOW? Under ancient Roman law, if a debtor’s assets were insufficient to pay all creditors, the debtor’s “creditors could dismember and distribute a debtor’s body to the creditors in proportion to the amount of debts owed each.” Collier on Bankruptcy P 20.01. For information on the current state of the law (which does not allow for dismemberment), see Bankruptcy Practice Fundamentals Resource Kit.
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