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News and information on bankruptcy and bankruptcy law
By Andrew C. Kassner and Joseph N. Argentina Jr. | October 13, 2023
Many clients are not aware that the Bankruptcy Code provides that, upon the filing of a bankruptcy case, the receiver is required to give back possession of the mortgaged property to the debtor unless the lender obtains an order from the Bankruptcy Court excusing the receiver from this requirement.
11 minute read
By Alan B. Morrison | October 12, 2023
Even if the U.S. Court of Appeals for the Second Circuit were right that some releases are permitted, there are many other significant questions about who is entitled to a release, and under what circumstances, on which the statute provides absolutely no guidance, writes contributor Alan B. Morrison.
5 minute read
By Adolfo Pesquera | October 9, 2023
"Appellants' arguments that Texas law, not federal bankruptcy law, controls are incorrect. We find the pre-petition payment doesn't affect the debtor's equitable interest in them at the time the petition was filed," wrote Fifth Circuit Judge Stephen A. Higginson.
3 minute read
By Dan Roe | October 5, 2023
Not since the global financial crisis have large corporate bankruptcies been as common as they are this year, according to a new report by New Generation Research.
3 minute read
By Ellen Bardash | October 4, 2023
U.S. District Court Judge Richard G. Andrews said that a SCOTUS case involving Purdue Pharma could impact some releases, a stay would impose uncertainty and damage to many claimants.
4 minute read
Delaware Business Court Insider
By Ellen Bardash | October 4, 2023
U.S. District Court Judge Richard G. Andrews said that a SCOTUS case involving Purdue Pharma could impact some releases, a stay would impose uncertainty and damage to many claimants.
4 minute read
By Erik Sherman | October 3, 2023
The threat of bankruptcy leave property owners with a set of tough options.
3 minute read
By Jessie Yount | October 3, 2023
Todd Schwartz brings a new private equity capability to Hogan Lovells in Silicon Valley, as well as a restructuring practice that aligns with the firm's broader California team.
4 minute read
By ALM Staff | October 2, 2023
This is but one of many categories of attorneys who will be presented with top honors on Oct. 4 at the New York Legal Awards, which will be held at Pier Sixth at Chelsea Piers in Manhattan.
1 minute read
By Lawrence J. Kotler and Malcolm Bates | September 28, 2023
In In re Simply Essentials, the U.S. Court of Appeals for the Eighth Circuit (the Eighth Circuit) affirmed a bankruptcy court's ruling that avoidance actions constitute salable property of the debtor's bankruptcy estate.
6 minute read
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