Search for: "Michael Schillinger" Results 1 - 2 of 2
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
Exit Stage Left?: Purchasers of Simplicity's Assets Hope (Against Hope?) to Avoid Successor Product Liability Claims in Simplicity Bassinet Recall
1 Sep 2008, 7:52 pm
Knox-Schillinger (In re Trans World Airlines, Inc.), 322 F.3d 283 (3d Cir. 2003) (pdf), had significantly enhanced (at least for bankruptcies filed in Pennsylvania, Delaware, and New Jersey) the ability of purchasers to buy a bankrupt debtor's assets "free and clear" of  "any interest," including potential successor liability claims arising under federal common law. [read post]
Bankruptcy Litigation Blog - http://www.bankruptcylitigationblog.com/
Exit Stage Left?: Purchasers of Simplicity's Assets Hope (Against Hope?) to Avoid Successor Product Liability Claims for Recalled Simplicity Bassinets
1 Sep 2008, 7:52 pm
Knox-Schillinger (In re Trans World Airlines, Inc.), 322 F.3d 283 (3d Cir. 2003) (pdf), had significantly enhanced (at least for bankruptcies filed in Pennsylvania, Delaware, and New Jersey) the ability of purchasers to buy a bankrupt debtor's assets "free and clear" of  "any interest," including potential successor liability claims. [read post]
Bankruptcy Litigation Blog - http://www.bankruptcylitigationblog.com/