Insights
Firm News

Calif. Ch. 9 Case Will Guide Detroit on Eligibility Issues

July 22, 2013 Media Coverage

Law360
July 22, 2013
"Calif. Ch. 9 Case Will Guide Detroit on Eligibility Issues"
Farella Braun + Martel's Gary Kaplan commented on how the lessons from the Stockton and San Bernardino California Chapter 9 cases could impact Detroit’s case.

Although the decisions by the California courts are not binding on the Michigan bankruptcy court, they may be persuasive in light of the dearth of reported cases on certain issues, such as whether the city has met the requirements for bankruptcy relief and whether it can reject its contracts related to retiree health care and other benefit obligations, according to Gary Kaplan, co-chair of Farella Braun & Martel LLP’s restructuring, insolvency and creditors rights group.

“The track record of creditors accepting large reductions in payment of the debts owed to them will also likely impact the city’s negotiations with creditors in the Detroit case,” he said.

The full article is available on Law360 (a subscription based service.)

Firm Highlights

News

Plans for SF’s 4th-tallest building win key OK as developer resolves opposition

C.J. Higley was mentioned in the article, "Plans for SF’s 4th-tallest building win key OK as developer resolves opposition."  According to the article, the Transbay district Parcel F tower would include 165 condos, 189...

Read More
Event

2020 Insurance Coverage Litigation Committee CLE Seminar

Raymond Sheen will speak at the 2020 Insurance Coverage Litigation Committee CLE Seminar session, "Fingerprints, Facial Recognition, Permission? Oh My! Biometric Privacy Coverage Litigation Arriving Soon in Your State." Details: The Illinois Biometric Privacy Act...

Read More
Publication

Trade Secret Hygiene for Current Employees

Published on  ACCDocket.com . By Walt Norfleet, Smiths Group plc and Eugene Y. Mar, Farella Braun + Martel LLP In the first two parts of this series on best practices in protecting trade secrets, we...

Read More
News

Threat of Cyberattack by Iran Still Critical, Experts Say

Insurance Recovery Partner Tyler Gerking commented in  The Wall Street Journal article "Threat of Cyberattack by Iran Still Critical, Experts Say." In the article, Tyler said that such direct actions by a nation-state against...

Read More
Event

2020 Insurance Coverage Litigation Committee CLE Seminar

Join Erica Villanueva for a discussion on "Coverage Arguments that Work in Court but May Backfire at Mediation" at the 2020 Insurance Coverage Litigation Committee CLE Seminar. Details: In mediation, context is everything. Who are you...

Read More
News

Farella Braun + Martel’s Jerome Braun Honored With Bill Edlund Award for Professionalism in the Law

Read More
Publication

End of a Decade - Checklist for California Nonprofits

As 2019 comes to a close, we thought about our customary note to nonprofit officers and directors to take a few moments to confirm that important year-end responsibilities have not been overlooked. But since this...

Read More
Publication

AB 37: State Tax Deductions for Cannabis Businesses

cannabis leaf
Read More
Event

ABA 34th National Institute on White Collar Crime

Jessica Nall will be speaking at the 34th National Institute on White Collar Crime session, "Updates in Cybercrime: Are We Fighting an Impossible Battle?" Details: Information security has now become an essential part of corporate...

Read More
Publication

New Laws for California Employers in 2020

The California Legislature and Governor Newsom have passed a sizable list of new laws governing the workplace in 2020. Employers are, once again, advised to evaluate their workplace rules and practices to insure they keep...

Read More