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.
Cannabis Rescheduling: Developments and Implications for the Industry
The cannabis industry has long been hindered by its classification as a Schedule I substance under the Controlled Substances Act of 1970. This classification, which placed cannabis alongside drugs 
Receivership in the Cannabis Sector: Michigan’s Alternative to Bankruptcy
Despite achieving unprecedented growth, with sales reaching new highs in 2023, many Michigan cannabis businesses find themselves navigating a precarious path to profitability. This dichotomy between
January 2024: Recent Developments in the Realm of Bankruptcy and Restructuring
In an effort to keep you apprised of what’s happening in the realm of bankruptcy and restructuring, here are six legal and statutory developments from the month of January, 2024.
1. Commercial
Redefining Liability: How the Fleming v. Bayou Steel Case Impacts Private Equity Sponsor Responsibilities Under the WARN Act
In the recent legal case Fleming v. Bayou Steel BD Holdings II L.L.C., the United States Court of Appeals for the Fifth Circuit made a pivotal decision regarding the liability of private equity
Amanda Vintevoghel-Backer Named to “Michigan Super Lawyers” in 2023
The Dragich Law Firm, located in Grosse Pointe, Michigan, is pleased to announce that Amanda Vintevoghel-Backer has been recognized by Michigan Super Lawyers in 2023.
Amanda received her
Delaware Bankruptcy Court Rules that Preference Plaintiffs Must Satisfy Due Diligence Requirement When Bringing a Preference Lawsuit
In 2019, a due diligence requirement was added to the Bankruptcy Code's preference avoidance provision. There is often outcry by preference action defendants that demands are made and lawsuits are
We’re Hiring a Mid-Level Corporate Restructuring Associate
The Dragich Law Firm is seeking a mid-level corporate restructuring associate with 2-5 years experience, ideally with some commercial litigation experience.
Our firm provides multifaceted services
David Dragich Article on Bankruptcy versus Wind-Down Published by CFO.com
More companies are experiencing distress. Chapter 11 bankruptcy filings rose 105% in May compared to the previous year, according to data from Epiq’s Bankruptcy Analytics platform. When a company
Federal Receiverships: A Guide to the Process
A federal receivership is a legal process in which a neutral third-party, called a receiver, is appointed by a federal court to take control of a business or individual's assets.
A federal
January, 2023: Recent Legal and Statutory Developments in Bankruptcy and Restructuring
In an effort to keep you apprised of what’s happening in the realm of bankruptcy and restructuring, here are four significant legal and statutory developments from the month of January, 2023.
1.