Bankruptcy Law

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gatekeeper provision

The Fall of the Gatekeeper Provision: Fifth Circuit Determines No Broader Than Exculpation

By Charles M. Rubio / March 25, 2025

In its March 2025 decision in Highland Capital Management, the Fifth Circuit has drawn a bright line: gatekeeper provisions in Chapter 11 plans must be coextensive…

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Navigating Franchise Agreements in Bankruptcy: The Pinnacle Foods Ruling

By Lenard M. Parkins / November 22, 2024

The recent In re Pinnacle Foods of California, LLC case exposes a significant challenge for franchisees seeking Chapter 11 reorganization in the Ninth Circuit. At issue is…

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