Recently, on July 13, 2021, the Chief Judge of the United States District Court for the District of Delaware issued a Revised Standing Order lifting the requirement that face masks be worn in public areas of the courthouse by those
Delaware Bankruptcy Blog
Review of Bankruptcy Proceedings and Legal Developments in Delaware and Throughout the Country
Latest from Delaware Bankruptcy Blog - Page 2
New Judge Appointed to the Delaware Bankruptcy Court
By Carl D. Neff
On April 6, 2021, J. Kate Stickles was sworn in as the newest judge of the United States Bankruptcy Court for the District of Delaware. Judge Stickles becomes the latest judge to join the Delaware Bankruptcy Court since Judges John…
Insys Liquidation Trust Asserts Preference Claims in the Delaware Bankruptcy Court
By Carl D. Neff
Starting on February 18, 2021, Insys Liquidation Trust (“Insys Trust”), the liquidation trust appointed by the United States Bankruptcy Court for the District of Delaware to prosecute claims on behalf of Insys Therapeutics, Inc., filed approximately 53 complaints seeking the avoidance…
Nine Point Energy Files for Chapter 11 Bankruptcy Protection in Delaware
By Carl D. Neff
Another energy company has succumbed to bankruptcy in the wake of the Covid-19 pandemic.
Nine Point Energy Holdings, Inc., a private exploration & production company focused on the Williston Basin, and its affiliates, including Foxtrot Resources LLC, filed for chapter…
Champion Property Holdings Files for Bankruptcy Protection in Delaware
By Carl D. Neff
Champion Property Holdings, LLC and Anglin Cultured Stone Products LLC (“Debtors”) each filed for Chapter 11 bankruptcy protection with the Delaware Bankruptcy Court on February 10, 2021.
According to Debtors’ Petitions, their assets total between $100k – $500k, and their…
Wardman Hotel Owner, LLC Files for Bankruptcy in Delaware
By Carl D. Neff
Wardman Hotel Owner LLC (“Wardman” or “Debtor”) filed for Chapter 11 bankruptcy on January 11, 2021, ending its management contract with Marriott International. The Chapter 11 petition was filed in the U.S. Bankruptcy Court for the District of Delaware.
The…
CAA Amends Adequate Assurance Requirement for Utilities Services Under Bankruptcy Code Section 366
By Carl D. Neff
The Consolidated Appropriations Act, 2021 (“CAA”) was signed into law on December 27, 2020. As mentioned in this prior post, the CAA contains many amendments to the Bankruptcy Code which impacts creditors and other interested parties to a bankruptcy…
Amendments to the Bankruptcy Preference Statute in the Consolidated Appropriations Act, 2021
By Carl D. Neff
On December 27, 2020, the much-anticipated Consolidated Appropriations Act, 2021 (“CAA”) was signed into law. The CAA contains several COVID-19-related amendments to the United States Bankruptcy Code, 11 U.S.C. §§ 101, et seq. (“Bankruptcy Code”), which may impact many types…
In-Shape Holdings, LLC Files for Bankruptcy Protection in Delaware
By Carl D. Neff
On December 16, 2020, In-Shape Holdings, LLC and two affiliated debtors (together, the “Debtors” or “In-Shape”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. In-Shape Holdings, LLC is a health club operator in Stockton,…
Preference Actions Filed in NSC Wholesale Holdings in the Delaware Bankruptcy Court
By Carl D. Neff
Starting on October 14, 2020, NSC Wholesale Liquidating Trust (“NSC Trust”), the liquidation trust appointed by the by the United States Bankruptcy Court for the District of Delaware to prosecute claims on behalf of the NSC estate, filed approximately 62…