News & Insights
Stay up-to-date about the latest developments in bankruptcy, commercial litigation and business transaction law, as well as news involving The Dragich Law Firm.
September 2026: Recent Developments in Bankruptcy and Restructuring
In an effort to keep you apprised of what’s happening in the world of bankruptcy and restructuring, here are four recent developments to be aware of.
1. Lenders are adding new protections in 
How Sponsor Involvement Can Create Risk in a Distressed Portfolio Company
A recent Fifth Circuit decision involving the shutdown of Bayou Steel is a reminder that decisions made during a portfolio company’s final days can create risk not only for the company, but for its
What to Expect in a Michigan Cannabis Receivership
When a cannabis business is in financial distress, bankruptcy may not be available.
That is one of the unusual realities of the cannabis industry. Marijuana remains illegal under federal law,
Corporate Authority Matters in Distressed-Company Decisions
When a business is in financial distress, the urgent questions tend to get most of the attention.
Should the company file for bankruptcy? Should it pursue an out-of-court restructuring? Should it
March 2026: Recent Developments in Corporate Bankruptcy and Restructuring
In an effort to keep you apprised of what’s happening in the realm of bankruptcy and restructuring, here are four recent developments to be aware of.
1. Bankruptcy filings continued to rise in
February 2026: Recent Developments in Corporate Bankruptcy and Restructuring
In an effort to keep you apprised of what’s happening in the realm of bankruptcy and restructuring, here are several February 2026 developments to be aware of.
1. Commercial Chapter 11 activity
Michigan Cannabis Receiverships: A Practical Restructuring Tool in a Maturing Market
Michigan’s cannabis industry continues to post strong sales numbers. Consumer demand remains steady, and cannabis has become a durable part of the state’s economy. Yet a growing number of
2025 Year-End Restructuring Roundup
Looking back at the past year of corporate restructuring activity, a clear and somewhat unusual pattern emerged in 2025: distress was widespread, not concentrated.
In prior cycles, restructuring
Asset-Backed Finance and Its Risks For Suppliers and Customers
Asset-backed finance (“ABF”) is expanding rapidly as companies look for liquidity and private credit funds look for yield. Instead of lending against a company’s overall performance, ABF loans
Michigan Court of Appeals Reaffirms Enforceability of Percentage-Based Requirements Contracts—Supreme Court to Review
On May 14, 2025, the Michigan Court of Appeals issued an important decision for OEMs and suppliers navigating long-term automotive supply agreements. In FCA U.S. LLC v. Kamax Inc., the Court held