Law360: Multi-Color, Del Monte Ch. 11s Boost NJ Bankruptcy Court
June 8, 2026
The resolution of several high-profile bankruptcies in New Jersey this year has boosted the appeal of seeking Chapter 11 protection in the state, especially for companies pursuing complex debt restructurings that only some of their creditors support. In a ruling in May 2026, Judge Kaplan denied the Del Monte minority lenders’ claim for breach of contract, and O’Melveny partner Jennifer Taylor said: “The Del Monte decision worked out in favor of the debtor.”
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