The United States District Court for the District of Delaware recently issued a Revised Standing Order Concerning the Use of Face Mask and Coverings in Public Areas of the District and Bankruptcy Court. Per the Revised Standing Order, court
Delaware Bankruptcy Blog
Review of Bankruptcy Proceedings and Legal Developments in Delaware and Throughout the Country
The Delaware Bankruptcy Blog, published by Carl D. Neff, focuses on legal developments and practical issues arising in bankruptcy cases within Delaware courts. It covers topics such as stay relief negotiations, insurance coverage considerations in bankruptcy, late-filed claims and excusable neglect standards, preference actions and defenses, debtor asset sales and bidding procedures, and significant bankruptcy litigation outcomes. The blog addresses procedural and substantive bankruptcy law matters, including analysis of court decisions, strategic considerations for creditors and debtors, and the impact of bankruptcy on related litigation and claims resolution processes.
Latest from Delaware Bankruptcy Blog - Page 6
Muji USA Ltd. Files for Chapter 11 Bankruptcy Protection in Delaware
Muji USA Ltd., the U.S. division of the iconic Japanese home and goods fashion retailer, filed for Chapter 11 bankruptcy on July 10, 2020 in the United States Bankruptcy Court for the District of Delaware, with plans to reposition the…
Seeking Relief from the Automatic Stay to Pursue a Personal Injury Claim
When a defendant in a personal injury lawsuit files for bankruptcy, the “drill” is familiar: a suggestion of bankruptcy is filed, the case is stayed, and no further action can be taken to liquidate the personal injury plaintiff’s claims until…
Brooks Brothers Files for Bankruptcy in Delaware
Background on the Debtors
The iconic retail brand, Brooks Brothers, filed for Chapter 11 bankruptcy protection on Wednesday, July 8, 2020 in the Delaware Bankruptcy Court.
Founded in 1818, Brooks Brothers is one of the country’s oldest retailers. In light…
Lucky Brand Files for Bankruptcy – Closes 13 Stores
Lucky Brand became the latest retailer to seek bankruptcy protection when it filed for chapter 11 protection in the United States Bankruptcy Court for the District of Delaware on Friday, July 3rd. Lucky Brand joins J.Crew, Neiman Marcus and J.C. Penney,…
Phase 1 Reopening Hearing Procedures Announced by Judge Owens
Judge Karen B. Owens recently released Phase 1 Reopening Hearing Procedures and General Reminders dated July 1, 2020 (the “Hearing Procedures”), which set forth: (i) the manner of hearings, (ii) certain procedures for in-person hearings, and (iii) general reminders.
According…
Delaware Bankruptcy Court Finds that Intellectual Property Was Not Conveyed to Purchaser of Debtors’ Assets Under Plan
In the recent decision of Automotive Coalition for Traffic Safety, Inc. v. Joyson Safety Systems Acquisition, LLC, et al., (In re: TK Holdings, Inc., et al.), (Bankr. D. Del. June 18, 2020), the Delaware Bankruptcy Court adjudicated ownership of certain…
Administrative Claim Regarding Mineral Rights Denied by Delaware Bankruptcy Court
In the recent decision of In re MTE Holdings, LLC, et al., Case No. 19-12269 (CSS) (Del. Bankr. June 8, 2020), the Delaware Bankruptcy Court determined whether a landowner that leases mineral rights to a debtor is entitled to an…
Oil and Gas Giant Templar Energy Files for Bankruptcy in Delaware
Templar Energy, an oil and gas driller, filed for Chapter 11 bankruptcy protection on June 1, 2020 in the Delaware Bankruptcy Court, becoming the latest mega energy company to waive the white flag after a precipitous drop in commodity prices…
Supreme Court Holds that a Bankruptcy Court’s Denial of Motion for Relief from Stay is a Final, Appealable Order
The United States Supreme Court, in a unanimous decision authored earlier this year by Justice Ginsberg, held that a bankruptcy court’s denial of a motion for relief from stay is a final, appealable order, and therefore must be appealed within…