The Legal Intelligencer | Commentary
By Francis J. Lawall and Marcy J. McLaughlin | August 1, 2019
The Office of U.S. Trustee, a division within the Department of Justice, is known among practitioners as the “watchdog” of the bankruptcy process. To fund the U.S. Trustee, Chapter 11 debtors must pay quarterly fees, with the amount due calculated based upon the debtor's disbursements during the preceding quarter.
The Legal Intelligencer | News
By Max Mitchell | July 11, 2019
The hospital is a major employer in the region and also a mainstay for Philadelphians seeking medical attention, so the news left city officials and labor leaders scrambling for ways to keep the facility—or at least key parts of it—up and running.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa, Jr. and Geoffrey A. Heaton | June 28, 2019
In a published decision from the General Motors bankruptcy case, the U.S. Bankruptcy Court for the Southern District of New York held that a creditor holding a contingent, unsecured claim that received proper notice of the claims bar date did not establish “excusable neglect” to permit it to file a proof of claim some nine years after the bar date passed.
By Lizzy McLellan | June 11, 2019
Four financial services lawyers will launch the outpost in Chicago, where the Philadelphia-based firm has been eager to plant a flag.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | June 6, 2019
The topic of when and who can assert claims against insiders for breach of fiduciary duty and related matters is often confusing when it involves a bankruptcy estate.
The Legal Intelligencer | Commentary
By Craig R. Tractenberg | May 24, 2019
In 'Mission Products Holding v. Tempnology' (In re Tempnology), the court clarified the intersection of bankruptcy and trademark law, and held that rejection under Section 365 of the Bankruptcy Code “constitutes a breach” of an executory contract by the debtor.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa, Jr. and Jarret P. Hitchings | May 23, 2019
Section 343 of the Bankruptcy Code provides that a “debtor shall appear and submit to examination under oath at the meeting of creditors under Section 341(a)” held at the outset of a bankruptcy case.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Kenneth A. Listwak | May 9, 2019
Even under the most sympathetic of circumstances, courts are charged with respecting the integrity of deadlines and employing a cool, impartial approach to everyone, including the most desperate of late claimants.
The Legal Intelligencer | News
By P.J. D'Annunzio | May 1, 2019
U.S. District Judge Harvey Bartle III of the Eastern District of Pennsylvania granted a motion by defendants Citibank, Department Stores National Bank and First Premier Bank that sought to compel arbitration of plaintiff Soldon Winton's Fair Credit Reporting Act lawsuit.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | April 16, 2019
One of the powerful benefits of bankruptcy is the ability to obtain a “fresh” start by obtaining a discharge of most, but not all claims that arose prior to the filing of the bankruptcy case.
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