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February 28, 2022

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.
Industry News
February 27, 2022 (Yahoo news)
Stephanie and Troy Lubinski met when they were teenagers, and they were married for three decades. Troy was big-hearted, kind, the best fisherman around, a devoted father who cared for the kids during the day after long night shifts as a firefighter.
February 25, 2022 (Yahoo news)
Johnson & Johnson can use the bankruptcy system to resolve multibillion-dollar litigation claiming its talc products cause cancer, a U.S. judge ruled on Friday, signing off on a legal maneuver that enables the company to avoid fighting more than 38,000 individual lawsuits.
February 24, 2022 (TheStreet)
After years of controversy, 65 acres of undeveloped residential land near the Franklin Reservoir in Beverly Hills, also known as the Coldwater Development, is being sold under authority of the United States Bankruptcy court, and as directed by court appointed Trustee, Sam Leslie.
February 23, 2022 (Reuters)
A manufacturer whose hand sanitizers may have been tainted with a toxic substance filed for bankruptcy protection on Tuesday to wind down operations.
February 23, 2022 (Yahoo news)
A federal judge found sufficient claims of fraud allegations exist against the Roman Catholic Diocese of Harrisburg and ruled that attorneys representing sexual abuse survivors can seek a judgment to have an estimated $95 million in assets the Diocese transferred behind two different trusts moved to its bankruptcy estate.
February 20, 2022 (Bloomberg)
London’s transport authority might declare bankruptcy within days if the government fails to provide financial support, the Guardian reported on Sunday, citing a spokesperson for the company.
AGG Bankruptcy & Restructuring Team
February 18, 2022 (Arnall Golden Gregory LLP)
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation. The group represents debtors, secured and unsecured creditors, equity security holders, indenture trustees, creditors’ committees, purchasers of insolvent companies, bankruptcy trustees, and examiners.