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Current decisions, news and commentary regarding commercial bankruptcy cases in Delaware.

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Eric Monzo and Douglas Candeub Lead Group Presentation on Sports Retail Bankruptcies

Posted In Bankruptcy

Morris James partner Eric J. Monzo and senior counsel Douglas N. Candeub will lead a group presentation regarding creditors' rights in sports retail bankruptcy cases.  The presentation is offered through the Delaware Bankruptcy Inn of Court on Tuesday February 21, 2017.  Issues subject to the discussion include those affecting commercial landlords, trade creditors, and the Bankruptcy Court's use of Consumer Privacy Ombudsmen to protect consumer privacy rights.

Morris James is uniquely situated to handle issues intersecting bankruptcy and privacy in Delaware and beyond through its bankruptcy/creditors' rights and data privacy practice groups. 

Eric J. Monzo focuses his practice primarily on issues relating to business restructuring and insolvency. He regularly represents a wide range of stakeholders including corporate debtors, commercial creditors, official and unofficial committees, trustees, lender groups, agents to syndicated lending groups, financial institutions, principal financial and private equity sponsors, officers, insurers, accountants, and financial advisors.

Douglas N. Candeub has over twenty years of experience working to achieve effective outcomes for his clients in matters pertaining to bankruptcy, insolvency, corporate restructuring, and creditors’ rights. As a litigator, Doug represents business clients in both state and federal Court, at the trial and appellate level. As a business lawyer, he provides advice and representation to clients on business issues and disputes.

Delaware Bankruptcy Court Amends Local Rules

The Delaware Bankruptcy Court amended its local rules effective February 1, 2017.  A copy of the latest version of the rules may be found on the Bankruptcy Court's website. Click here to view. More ›

Delivery Agent, Inc. Files Chapter 11; Will Seek to Sell

On September 15, 2016, Delivery Agent, Inc. and three affiliates, Musictoday, LLC, Clean Fun Promotional Marketing, Inc., and Shop the Shows, LLC, filed chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware.  The case has been assigned to The Honorable Laurie Selber Silverstein and has been docketed as case no. 16-12051. More ›

Noble Environmental Power, LLC Files Chapter 11

Noble Environmental Power, LLC filed a chapter 11 petition in the United States Bankruptcy Court for the District of Delaware on September 15, 2016.  The case has been assigned to The Honorable Brendan Linehan Shannon, and has been docketed as case no. 16-12055. More ›

Golfsmith Hits Into Trouble: Enters Chapter 11

On September 14, 2016, Golfsmith International Holdings, Inc. and twelve affiliates filed a Chapter 11 petition in the United States Bankruptcy Court for the District of Delaware.  The case, docketed as 16-12033, has been assigned to The Honorable Christopher S. Sontchi. More ›

Best Lawyers® 2017 Recognizes 20 Morris James Attorneys

Twenty Morris James attorneys in twenty-six practice areas were selected by their peers for inclusion in The Best Lawyers in America 2017 edition. Morris James also has been recognized in four new practice areas, Personal Injury Litigation – Defendants, Arbitration, Corporate Governance Law and Mediation.  The Best Lawyers® list is based on an extensive survey involving detailed evaluations of leading lawyers by their peers. More ›

Chambers USA Recognizes 14 Morris James Attorneys and 5 Practice Areas Among the Nation’s Best

Posted In News

Morris James is pleased to announce that fourteen of its partners and five practice areas have been recognized by Chambers USA 2016.  More ›

Partner Brett D. Fallon Named American Bar Foundation Fellow

Morris James LLP is pleased to announce that partner Brett D. Fallon has been selected as a Fellow of the American Bar Foundation (ABF) in recognition of his extraordinary leadership in the profession, his service to society and outstanding dedication to the welfare of the community. More ›

Swift Energy Files Prepack Chapter 11

On New Year's Eve 2015, Swift Energy Company and 8 affiliates filed a voluntary petition commencing a prepackaged chapter 11 case in the United States Bankruptcy Court for the District of Delaware.  The case is docketed as case no. 15-12670, and has been assigned to The Honorable Mary F. Walrath.  The petition lists assets of $1.024 billion and liabilities of $1.349 billion. More ›

Fuhu, Inc. Files Chapter 11 As Part Of Proposed Sale to Mattel

Fuhu, Inc. has filed a Chapter 11 petition in Delaware in order to facilitate as sale of the company to Mattel, according to a statement listed on its website.  The case is docketed in the United States Bankruptcy Court for the District of Delaware as Case No. 15-12465.  The case is assigned to The Honorable Christopher S. Sontchi.  Fuhu Holdings, Inc has filed an affiliated case. More ›

U.S. News - Best Lawyers Ranks Eighteen Morris James Practice Areas among 2016 “Best Law Firms” in Delaware

Posted In News

Eighteen Morris James practice areas were recognized in the 2016 “Best Law Firms” rankings by U.S. News – Best Lawyers®. These rankings complement the twenty-one Morris James attorneys who were selected by their peers for inclusion in the “The Best Lawyers in America” 2016 edition.

The practice areas recognized include: More ›

Morris James Receives Christopher W. White 2015 Distinguished Access to Justice Leadership Award

Posted In News

Morris James LLP was presented the Leadership Award at the Delaware State Bar Association’s Christopher W. White 2015 Distinguished Access to Justice Awards Breakfast on October 29th, 2015. The Leadership Award is given to the firm who has demonstrated outstanding leadership in the field of pro bono service to the impoverished in Delaware, and who fosters a culture which recognizes the value of Access to Justice service.  More ›

Sixteen Morris James Lawyers Recognized in Delaware Today's "Top Lawyers 2015"

Posted In News

Morris James LLP is pleased to congratulate the lawyers listed below, who were most recommended by their professional peers in a survey of Delaware attorneys conducted by Delaware Today magazine. Sixteen Morris James attorneys were distinguished in their respective practice areas, with seven named as “top vote-getters,” listed below in bold. More ›

Structuring “Structured” Dismissals after In re Jevic Holdings

Posted In Articles

On May 21, 2015, as amended on Aug. 18, 2015, the U.S. Court of Appeals for the Third Circuit issued a decision approving the settlement and dismissal of a chapter 11 bankruptcy case through a structured dismissal. The court approved the use of a structured dismissal of a chapter 11 bankruptcy where the dismissal calls for a distribution that does not specifically adhere to the priority scheme in Bankruptcy Code § 507. The Third Circuit’s decision may be narrowed to rare instances, but it is acceptable when there are “specific and credible grounds to justify [the] deviation” from the priority scheme. The Jevic decision, therefore, may provide a template for practitioners to structure dismissals in future chapter 11 cases, and may require courts to determine what constitutes specific and credible grounds to warrant deviating from the Bankruptcy Code’s priority structure.

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Morris James LLP Receives NAMI Delaware’s "Corporate Partner of the Year" Award

Posted In News

The National Alliance on Mental Illness (NAMI) of Delaware has recognized Morris James as its “Corporate Partner of the Year.”  Managing partner, David H. Williams, accepted this award given in recognition for the firm’s service to the community and support for NAMI Delaware’s mission. National Alliance on Mental Illness (NAMI) is a nonprofit group that raises money and awareness for the treatment of people with mental illness.  Over the past 13 years, a dedicated team of Morris James employees has raised money each year in the NAMI Delaware Walk. Margie Touchton, a long-term employee, has led Morris James’ effort which contributes money to fund people in group homes around the state.  More ›