Lawyer denies claims that bankruptcy is litigation tactic
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page.
(Reuters) - The New York judge overseeing the bankruptcy of two MatlinPatterson Global Advisersâ distressed investment funds said on Thursday that he will enter a preliminary order confirming the fundsâ protection against ongoing foreign litigation.
U.S. Bankruptcy Judge David Jones in Manhattan said during a virtual hearing that he will provisionally approve the order but give litigants time to object if they take issue with the shield. Lawyers for the MatlinPatterson funds at Simpson Thacher & Bartlett said during the hearing that the order is key to ensuring that they do not become even more embroiled in ongoing litigation in Brazil and the Caym
New-york
United-states
Cayman-islands
Brazil
Brazilian
Elisha-graff
David-zylberberg
Tyler-robinson-lauren-brazier
David-rosner
Matt-stein
Gavin-schryver
Kathrine-mclendon