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Unpacking Revlon, LATAM cleared for takeoff (sorry), $7 5 million sub V limit official, retail apocalypse redux (?), and new (Gold) Standard for cases? | Seward & Kissel LLP

Revlon Bankruptcy Complicated by Citi’s $900 Million Error | Financial Times - As Revlon prepares for restructuring negotiations following its bankruptcy filing last.

President Biden Signs Bill Extending Temporary $7 5 Million Subchapter V Debt Limit Increase Into 2024 | Fox Rothschild LLP

President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act, S. 3823, 117th Cong. (the “Act”), which, among other things, continues the temporary.

Small Biz Debt Limit Raised, Crypto Exec Can t Ditch Case

Congress took action to permanently raise the debt limit for small business Chapter 11 cases, a former cryptocurrency investment firm executive can't ditch his own bankruptcy case, and a bankrupt hotel company asked to deny a $6 million fee request from its own attorneys. This is the week in bankruptcy.

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