As U.S. Cannabis Industry Grows, Produces Distress, Bankruptcy Relief Remains Limited
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As U.S. Cannabis Industry Grows, Produces Distress, Bankruptcy Relief Remains Limited
By Leah M. Eisenberg, Partner, Mayer Brown LLP
The U.S. Bankruptcy Code provides relief to debtors to maximize value for the benefit of their creditors and other stakeholders. Such relief is extremely limited when debtors are state-legalized marijuana businesses, as they are denied access to Bankruptcy Courts because the manufacture,...
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Leah M. Eisenberg is a partner in Mayer Brown’s New York office and a member of the firm’s Restructuring practice. Her practice focuses on counseling clients in default, restructuring, bankruptcy, and corporate trust matters, with an emphasis on indenture trustee and creditor representations. Earlier in her career, Eisenberg served as a first law clerk to U.S. Bankruptcy Court Judge Robert E. Gerber of the Southern District of New York.