Arnold & Porter·BANKRUPTCY / RESTRUCTURING

SDNY Favors State Creditor Assignment Over Chapter 11

A Southern District of New York bankruptcy court dismissed two law firms' Chapter 11 cases, deferring to a pending state-law assignment for the benefit of creditors and offering new guidance on the choice between the two proceedings.

bankruptcy-restructuringchapter-11sdnyassignment-for-the-benefit-of-creditorscreditor-rights
Read the original firm alert → Tuesday, September 15, 2026

Stay ahead

Join the digest.

One email when the daily AmLaw 100 briefing ships. No noise, no pitch decks — just the grade 4–5 signal.