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Stories by Juliette Fairley on Pennsylvania Record

PENNSYLVANIA RECORD

Saturday, December 21, 2024

Juliette Fairley News


Attorney panel scrutinizes proposed legislation that would ban divisional merger bankruptcies

By Juliette Fairley |
While legislation is pending in Congress that would require the dismissal of Chapter 11 bankruptcy cases in which the debtor has created a divisional merger, federal appeals court judges in Philadelphia heard arguments this week about whether Johnson & Johnson’s bankruptcy case was filed in good faith.