by rpafdaccess | Mar 25, 2025 | Bankruptcy, Climate Change, Environmental claims, Insurance, Local authorities, Local public entities
On January 7, 2025, Los Angeles faced one of the most devastating wildfires in recent history, driven by intense Santa Ana winds. The destruction was staggering: 29 lives lost, more than 16,000 buildings reduced to ashes, and over 37,000 acres scorched. In the...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES In order to gain access to chapter 9 bankruptcy, municipalities must demonstrate that they meet several eligibility requirements. These requirements were put in place to prevent municipalities from making rash decisions about filing for...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES Chapter 9 of the U.S. Bankruptcy Code has many shortcomings. One of the most persistent, yet understudied, problems judges face in chapter 9 is also a problem that exists in other areas of bankruptcy law: the sheer difficulty of applying...
by rpafdaccess | Sep 27, 2024 | Bankruptcy, Healthcare
Author: Laura N COORDES Many healthcare providers are experiencing financial distress, and if the predicted wave of healthcare bankruptcies materializes, the entire U.S. economy could suffer. Unfortunately, healthcare providers are part of a growing group of...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Adrian COHEN Pretty much everyone (except maybe the drafters) struggles with Article Nine of the Uniform Commercial Code, the statute that covers the rules about security interests in personal property, fixtures and a few other secured...
