News and information on bankruptcy and bankruptcy law
By Corinne Ball | August 23, 2017
In her Distress Mergers and Acquisitions column, Corinne Ball of Jones Day writes: The SunEdison case serves as an important reminder to investors that a company's publicly-reported equity value may not be indicative of the company's true value. But this case also raises questions as to whether the process employed was the best way to arrive at the ultimate result.
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By Katheryn Hayes Tucker | August 22, 2017
Friends, family and most of the local bench gathered to remember retired Superior Court Judge Dorothy Robinson for a Monday evening rosary service at Mayes Ward-Dobbins Funeral Home in Marietta. Robinson, 79, of Marietta died Aug. 16 at Wellstar Kennestone Hospital.
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By therecorder | The Recorder | August 21, 2017
9th Cir. B.A.P.; 16-1227 The Bankruptcy Appellate Panel affirmed a judgment. The court held that the expiration of a debtor’s right to redeem tax-defaulted…
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By therecorder | The Recorder | August 21, 2017
9th Cir. B.A.P.; 16-1218 The Bankruptcy Appellate Panel affirmed a judgment. The court held that the debtors’ voluntary transfer of a security…
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By Rudolph J. Di Massa Jr. and Catherine B. Heitzenrater | August 17, 2017
Whether a claimant is entitled to an administrative expense claim, or simply a prepetition claim, can mean the difference between full payment of the claim and the recovery of only pennies on the dollar. Accordingly, a significant amount of litigation in bankruptcy cases centers around the priority status to which certain claims are entitled. The U.S. Bankruptcy Court for the Northern District of Illinois has recently issued a decision granting priority status to claimants seeking damages for violation of the Worker Adjustment and Retraining Notification Act (the WARN Act). Given the significant liability that debtors could face under the WARN Act, this decision is relevant to all bankruptcy practitioners.
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By njlawjournal | New Jersey Law Journal | August 17, 2017
Property Purchased through Bankruptcy Asset Sale Was Not Excused from Chapter 91 Requirements
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By therecorder | The Recorder | August 16, 2017
9th Cir.; 15-35484 The court of appeals dismissed an appeal. The court held that a district court order vacating the bankruptcy court’s confirmation…
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By therecorder | The Recorder | August 15, 2017
9th Cir.; 12-60068 The court of appeals reversed a judgment of the Ninth Circuit Bankruptcy Appellate Panel and remanded. The court held that a bankruptcy…
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By therecorder | The Recorder | August 14, 2017
9th Cir. B.A.P.; 15-1010 The Bankruptcy Appellate Panel affirmed a judgment. The court held that the commingling of the debtor’s finances with…
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By therecorder | The Recorder | August 14, 2017
9th Cir. B.A.P.; 15-1238 The Bankruptcy Appellate Panel affirmed a bankruptcy court order. The court held that the bankruptcy court did not abuse its…
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