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Del. Ruling Shows Tension Between 363 Sale And Labor Law | Proskauer Rose LLP

Navigating the Bankruptcy Code can present many traps for unsuspecting debtors, creditors or asset buyers. The U.S. District Court for the District of Delaware recently reminded. ....

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"Free and Clear" Collides with "Perfectly Clear": Delaware District Court Imposes Successor Liability on Buyer in 363 Sale | Proskauer Rose LLP

Navigating the Bankruptcy Code can present many traps for unsuspecting debtors, creditors, or asset buyers. The Delaware District Court recently reminded bankruptcy participants of an. ....

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M&A Strategy Update: Union Contracts and Section 363 Sales | Warner Norcross + Judd

In the right situations, the United States Bankruptcy Code provides powerful tools for acquiring distressed companies and realizing economic value, including synergies from vertically. ....

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Delaware District Court Holds That Certain Federal Labor Law Successor Obligations Were Not Extinguished By A

Bankruptcy Code section 363(f) authorizes a debtor to sell assets "free and clear" of "any interest" in property asserted by non-debtors. ....

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Braeburn Alloy Steel workers ratify new contract

Braeburn Alloy Steel workers in Lower Burrell ratified a new contract, capping off unusual negotiations during which the plant owner didn’t recognize or bargain with the labor union until ordered to do so by the National Labor Relations Board. Union employees ratified a three-year agreement Tuesday, with leaders saying the ....

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