Broken Bench Bytes

Discussing notable, recent decisions affecting corporate bankruptcy, restructurings and turnarounds.
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  • Welcome to the Broken Bench Bytes, Kramer Levin’s blog discussing notable, recent decisions affecting corporate bankruptcy, restructurings and turnarounds.

    You may wonder why “Broken Bench.” Trivia time: The word “bankruptcy” is derived from two Latin words – “bancus,” which means bench, and “ruptus,” which means broken. During the 1800s, if a merchant could no longer afford to stay in business, the bench he used to sell goods would be broken, symbolizing that he was no longer welcome to do business with the other merchants. The term “bankruptcy” finds its origin in this wood-shattering event!

    Why read our blog? In a time of information overload, we selectively focus on cases and developments of most interest to our readers. Each post contains three focused sections. Read “The Bottom Line” for the decision’s “elevator-pitch” sound-byte. For more detail, read “What Happened,” which covers key background and the court’s reasoning – a bit more flavor for your Byte. And finally, in “Why this Case is Interesting,” we put the decision into some quick context for practical issues affecting distressed situations. Our blogs are not law review articles; they are “byte”-sized nuggets of important decisions.

    We hope you enjoy our blog and if you have any questions, comments or suggestions, we welcome your input.

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    Featured Posts

    • Broken Bench Bytes
      Dec. 13, 2023
      Getting Public Information in Chapter 11
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    Recent Posts

    • Broken Bench Bytes
      Dec. 13, 2023
      Getting Public Information in Chapter 11
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    • Broken Bench Bytes
      Sept. 14, 2023
      New York Bankruptcy Court Raises the Cost of Keeping Funded Debt: Debtor Needs to Pay Default Interest Rate in Reinstatement of Accelerated Debt
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    • Broken Bench Bytes
      March 30, 2023
      And Another Lender Blocking Provision Bites the Dust, Texas Bankruptcy Court Rules
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    • Broken Bench Bytes
      Feb. 10, 2023
      Bad ‘Timing’: Southern District of New York Bankruptcy Court Adopts Time Approach to Limiting Landlord Lease Damages, but Other Damages May Still Be Allowable
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    • Broken Bench Bytes
      June 27, 2022
      Court Sides With Minority View Concluding Intervention Under Section 1109(b) Does Not Apply to Adversary Proceedings
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    • Broken Bench Bytes
      June 27, 2022
      District Court Holds Non-Income Producing Hotel Is a Single Asset Real Estate Debtor
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    Featured Perspectives

    • Speaking Engagement
      Oct. 14, 2021
      American Bankruptcy Institute’s Anatomy of the Hertz Chapter 11
      Read More
    • Announcements
      Oct. 08, 2021
      Rachael Ringer Named to American Bankruptcy Institute's 2021 List of 40 Under 40
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    • Announcements
      Dec. 01, 2020
      Kramer Levin Recognized by Law360 with Practice Group of the Year Designations for Real Estate and Bankruptcy and Restructuring
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    • Announcements
      Sept. 22, 2020
      Amy Caton Named Best in Restructuring & Insolvency at 2020 Women in Business Law Americas Awards
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    • Client Alerts
      Aug. 31, 2020
      Delaware Court of Chancery Confirms Directors’ Right to Access Company’s Privileged Information
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    • Announcements
      Aug. 05, 2020
      Kenneth H. Eckstein and Thomas Moers Mayer Named to Lawdragon 500’s Leading Global Restructuring and Insolvency Lawyers List for 2020
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    • Announcements
      July 30, 2020
      Lawdragon 500 Recognizes Kramer Levin Lawyers
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    • Announcements
      July 07, 2020
      Rachael Ringer Named a Law360 Rising Star
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    • Announcements
      May 06, 2020
      Rachael Ringer Named One of Turnarounds & Workouts’ 2020 Outstanding Young Restructuring Lawyers
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    • Announcements
      June 12, 2019
      Rachael Ringer to Receive M&A Advisor’s Emerging Leaders Award
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    Perspectives

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      Dangerous Defects in Resolution Planning for Global Systemically Important Banks
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      Oct. 24, 2024
      2024 New York Super Lawyers and Rising Stars Lists Include Over 90 Kramer Levin Attorneys
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    • Defining Matters
      Oct. 14, 2024
      Kramer Levin Advises Investment Manager in $43 Million Follow-On Private Exchange Offer
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    • Announcements
      Oct. 10, 2024
      Kramer Levin Formalizes Private Credit Practice, Serving Clients Seeking Creative Financing Strategies and Access to New Asset Classes
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      Benchmark Litigation 2025 Recognizes Kramer Levin
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    • Articles
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      Avoiding Double-Dipping: U.S. Trustee Fees and Creditor Trusts
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      June 27, 2024
      Legal 500 US 2024 Recognizes Kramer Levin
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      June 06, 2024
      Chambers USA 2024 Recognizes Kramer Levin
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      June 03, 2024
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    Events

    • Speaking Engagement
      Dec. 10, 2024
      Debtwire: The Future of Mass Tort Bankruptcies in the US
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    • Speaking Engagement
      June 15, 2023
      ION Analytics’ Debtwire Restructuring Forum New York 2023
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    • Speaking Engagement
      June 09, 2023
      Association of Insolvency and Restructuring Advisors’ 39th Annual Bankruptcy and Restructuring Conference
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    • Speaking Engagement
      May 02, 2023
      MFA’s Legal and Compliance 2023
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    • Speaking Engagement
      Nov. 28, 2022
      Beard Group Inc.'s 29th Annual Distressed Investing Conference
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    • Speaking Engagement
      May 11, 2022
      American Bankruptcy Institute’s Valuation Solutions for a New Era
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    • Speaking Engagement
      Nov. 15, 2021
      Association of Insolvency & Restructuring Advisors’ Annual Advanced Restructuring and Plan of Reorganization Conference
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    • Speaking Engagement
      Oct. 14, 2021
      American Bankruptcy Institute’s Anatomy of the Hertz Chapter 11
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    • Speaking Engagement
      Jan. 07, 2021
      Practising Law Institute’s Secured Transactions 2021: What Lawyers Need to Know About UCC Article 9
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