The proposed bankruptcy plan for Purdue Pharma, which would allocate billions of dollars to help ease the nation’s opioid crisis but shield the Sackler family from future lawsuits, has been placed on hold by the Supreme Court. Speaking to The Washington Post, Professor Ralph Brubaker, an expert in bankruptcy law, called the case one of the […]
In his decision this week, Judge Philip Bentley of the U.S. Bankruptcy Court in Manhattan ruled a bankrupt Holiday Inn in downtown Manhattan can’t use chapter 11 to maintain its low-rate mortgage without paying penalty interest linked to its default. The case arose after the owner failed to make payments on its loan after the hotel […]
CHAMPAIGN, Ill. – Following a national search, Jamelle Sharpe has been selected as the 14th dean of the College of Law, effective Aug. 16, 2023, pending University of Illinois Board of Trustees approval. Sharpe’s title will be dean of the College of Law designate and Guy Raymond Jones Faculty Scholar until board approval. Sharpe, who […]