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SECTIONS 542 AND 543—TURNOVER OF PROPERTY OF THE ESTATE (2019)

By Bruce Grohsgal, Gregory J. Flasser, and Katharina Earle I. INTRODUCTION Section 542 of the Bankruptcy Code generally requires a noncustodial entity who has possession,...

Bayard Selected as Lead Counsel to the Sugarfina Unsecured Creditors’ Committee

Wilmington, Delaware- Bayard, P.A. has been selected to serve as lead counsel to the Official Committee of Unsecured Creditors (the “Committee”) in In re Sugarfina,...

Bayard Selected as Co-Counsel to the Lolli & Pops Unsecured Creditors’ Committee

Wilmington, Delaware- Bayard, P.A. has been selected to serve as co-counsel to the Official Committee of Unsecured Creditors (the “Committee”) in In re Mishti Holdings,...

Bayard Selected as Co-Counsel to the Insys Therapeutics, Inc. Unsecured Creditors’ Committee

Wilmington, Delaware- Bayard has been selected to serve as co-counsel to the Official Committee of Unsecured Creditors (the “Committee”) in In re Insys Therapeutics, Inc.,...

Judge Carey (Bankr. D. Del.) Grants Motion to Dismiss Derivative Breach of Fiduciary Duty Claim Because Creditors of Insolvent Limited Partnerships and Limited Liability Companies Lack Standing Under Applicable State Law

Written by: Gregory J. Flasser Does a creditors’ committee have standing to pursue derivative breach of fiduciary duty claims on behalf of debtor entities formed...

Bayard Recognized at 2019 Turnaround Atlas Awards

Wilmington, Delaware- Bayard, P.A. was honored at the 11th Annual Turnaround Atlas Awards for its work in the chapter 11 cases of Claire’s Stores, Inc....

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