North America: Insolvency/Bankruptcy/Re-Structuring

Between 2023-25, venture capital funding for artificial-intelligence (AI) companies surged wellinto the billions.

In the first of its kind, a US company with no prior connection to the United Kingdom, has financially restructured via a Part 26A Companies Act (UK) Restructuring Plan (the RP), in respect of which it also achieved Chapter 15 recognition.

In this episode of Lowenstein Bankruptcy Lowdown, partners Daniel B. Besikof and Nicole Fulfree break down a recent decision from the Eastern District of Missouri in the 23andMe Chapter 11 case addressing the application of Bankruptcy Code Section 502(b)(6)'s cap on landlord rejection damages.

Friday, January 30th, a US judge dismissed a lawsuit against pharmaceutical company Johnson & Johnson (J&J), wherein plaintiffs claimed J&J relied on the "Texas Two-Step" as part of its bankruptcy plan.

Between 2023-25, venture capital funding for artificial-intelligence (AI) companies surged wellinto the billions.

In this episode of Real Talk's "Coffee Chats with WIN," hosts Jessica I. Stewart and Lauren N. Russell chat with partners Julia E. Sanabria and Nicole Fulfree about their career trajectories, career risks, and most importantly, how they take their coffee.