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Navigating Business Partner Financial Distress: When Should Creditors Consider Involuntary Bankruptcy? (Part 3 of an 8-Part Series)

{img} Andrew W. Owen Partner — Thu, 15 Oct 2026 09:00:01 -0400

Most business leaders are familiar with voluntary bankruptcy, where a company chooses to seek protection under the Bankruptcy Code. Fewer understand that creditors themselves may, under certain circumstances, force a financially troubled business into bankruptcy. Known as an involuntary bankruptcy, this remedy is powerful but should be used cautiously.

This eight-part blog series explores key issues businesses should consider when a business partner's financial condition begins to deteriorate.

Navigating Business Partner Financial Distress: Is Your Business Partner Showing Signs of Financial Distress? (Part 2 of an 8-Part Series)

{img} Andrew W. Owen Partner — Thu, 08 Oct 2026 09:00:02 -0400

When a business partner begins experiencing financial difficulty, many companies make the mistake of waiting too long to act. By the time a bankruptcy filing occurs, creditors often discover that many of their options have narrowed considerably. Recognizing the warning signs of financial distress early can help businesses preserve their rights, protect their interests, and improve the likelihood of recovering monies owed.

This eight-part blog series explores key issues businesses should consider when a business partner's financial condition begins to deteriorate.

Navigating Business Partner Financial Distress: Strategies for Creditors Before and After Bankruptcy (Part 1 of an 8-Part Series)

{img} Andrew W. Owen Partner — Thu, 08 Oct 2026 09:00:03 -0400

Economic uncertainty can create challenges for even the healthiest businesses. As market conditions shift, companies may find themselves confronting a difficult reality: a customer, vendor, borrower, supplier, or other valued business partner is experiencing financial distress. When that occurs, the questions come quickly. How can a business protect itself? What actions should be taken before a bankruptcy filing? Are there opportunities to improve recovery if bankruptcy becomes unavoidable?

This eight-part blog series explores key issues businesses should consider when a business partner's financial condition begins to deteriorate.

Understanding the Canadian Intellectual Property Office's Patent Term Adjustment (PTA) System

Thu, 27 Aug 2026 09:00:04 -0400

To compensate for delays in the issuance of Canadian patents, the Canadian Intellectual Property Office (CIPO) has, as of December 2, 2025, implemented a Patent Term Adjustment (PTA) system. The likelihood that a patent application qualifies for any term adjustment depends on several factors, though certain strategies can be implemented by the applicant to increase that likelihood.

Rolling Over Without Getting “Rolled” – Points to Consider in Connection with Rollover Equity

{img} Salvatore J. Totino Partner — Mon, 09 Mar 2026 09:00:05 -0400

The decision to sell your business comes with many matters to consider. One of the most important things to carefully consider is the implication of accepting “rollover equity” from the buyer in lieu of cash for a portion of the purchase price. This consideration has become all the more relevant given that much of current M&A activity is being driven by private equity firms that long ago embraced the use of rollover equity. Sellers who are offered the opportunity to receive rollover equity in an M&A transaction should not necessarily shy away from this option; however, to avoid being “rolled” in connection with a rollover investment, sellers should keep a few principles and concepts in mind.

Supreme Court of Ohio Concludes that Mortgage Borrowers Do Not Need to Suffer Actual Harm to Recover Monetary Damages if Lender Fails to Timely Record Mortgage Release

{img} Andrew W. Owen Partner — Thu, 19 Feb 2026 09:00:06 -0500

In this "Courtside at the Ohio Supreme Court: Reflections on Significant Decisions" post, Calfee Litigation Partner Andy Owen discusses the Supreme Court of Ohio's recent announcement that anyone seeking damages from a mortgage holder for failing to timely record the mortgage release need not prove that they were actually harmed by the failure to record.

AI Considerations for Corporate Legal Departments Video Series (Part Seven): How Can Companies Leverage These Emerging Technologies to Improve Legal Operations?

{img} Bradley S. Pulfer Partner — Mon, 27 Oct 2025 09:00:07 -0400

How are companies leveraging emerging technologies like AI to improve legal operations?

During a Calfee panel discussion moderated by Intellectual Property Partner Brad Pulfer, in-house corporate legal counsel shared how they’re using AI to boost productivity, improve decision-making, and free their teams to focus on higher-level, more interesting work.

AI Considerations for Corporate Legal Departments Video Series (Part Six): What Are Companies Doing to Adjust for the Regulatory Landscape in the AI space?

{img} Bradley S. Pulfer Partner — Wed, 22 Oct 2025 09:00:08 -0400

What are in-house corporate legal counsel doing to adjust for the regulatory landscape in the AI space?

During a Calfee panel discussion moderated by Intellectual Property Partner Brad Pulfer, in-house corporate legal counsel shared why enterprise-wide education, effective processes and measurable metrics are essential components of effective legal compliance related to corporate AI usage.

AI Considerations for Corporate Legal Departments Video Series (Part Five): How Can In-House Legal Counsel Partner With Their Business Units to Support Innovation While Still Addressing Compliance, Ethics and Other Concerns?

{img} Bradley S. Pulfer Partner — Mon, 20 Oct 2025 09:00:09 -0400

How are corporate in-house legal counsel successfully approaching the need to collaborate with their business units to support innovation, and specifically AI usage?

Calfee Intellectual Property Partner Brad Pulfer spoke with in-house corporate legal counsel on why integrating legal compliance directly into company processes – and keeping a “human in the loop” – are essential to achieving responsible innovation while avoiding the potential for biased outputs and product safety concerns.

AI Considerations for Corporate Legal Departments Video Series (Part Four): How Are Corporate Legal Departments Balancing Customer Demand and Risk Considerations Related to AI-Enhanced Technologies?

{img} Bradley S. Pulfer Partner — Wed, 15 Oct 2025 09:00:10 -0400

How are corporate legal departments balancing customer demand and risk considerations related to AI-enhanced technologies?

Calfee Intellectual Property Partner Brad Pulfer discussed with in-house corporate legal counsel on how corporations and their legal departments are balancing customer-driven AI usage and risk mitigation.