Statute
Bankruptcy Code
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Bank Law Monitor
Temporary Amendment to Bankruptcy Code Opens Opportunities for Commercial Landlords and Tenants to Negotiate Deferred Payment Arrangements
By Ella Vincent, Teresa Pearson
Recent legislation has expanded opportunities for commercial landlords and tenants to negotiate deals to defer certain rent payments during the COVID-19 pandemic with less fear of later losing the arrearage…
The Energy Law Blog
Top 10 Labor and Employment Issues in Bankruptcy Continued
By Michael D. Rubenstein, Randye C. Snyder, Liskow & Lewis
Last week we reviewed five of the most common, and problematic, labor and employment law issues in bankruptcy. You can read last week’s article here. Below are five additional labor…
Real Bankruptcy Intel
Navient Case Dismissed Confirming High Bar to Involuntary Bankruptcy Petitions
By Samuel R. Rabuck, Aaron Gavant, Sean T. Scott
Perhaps not unexpectedly, on February 25, 2021, a New York bankruptcy court dismissed the involuntary bankruptcy petition brought earlier in the month by three student loan borrowers against Navient Solutions…
Real Bankruptcy Intel
Navient Solutions & The High Bar to Involuntary Bankruptcy Petitions
By Samuel R. Rabuck, Aaron Gavant, Sean T. Scott
On February 8, 2021, three student loan borrowers filed an involuntary petition against Navient Solutions LLC in New York bankruptcy court seeking to force Navient into bankruptcy.[1] Navient Solutions is…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – 96 Wythe Acquisition LLC
By Cole Schotz
On February 23, 2021, 96 Wythe Acquisition LLC, whose principal property is the Williamsburg Hotel in Brooklyn, N.Y., filed a petition for relief under Chapter 11 of the Bankruptcy Code…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Cyprus Mines Corporation
By Cole Schotz
On February 11, 2021, Cyprus Mines Corporation filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10255).…
Bench & Bar of Minnesota
New covid-19 relief legislation amends Bankruptcy Code
By Minnesota State Bar Association
A brief guide to what you need to know By George H. Singer In response to the continuing crises brought on by the covid-19 pandemic, Congress recently passed the Consolidated…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Knotel, Inc.
By Cole Schotz
On January 31, 2021, Knotel, Inc., a New York-based flexible workspace provider, along with numerous affiliates, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy…
Nebraska Debt & Bankruptcy Blog
Avoiding Insider Preferences Payments to the Bank of Mom & Dad
By Sam Turco
Most people think the bankruptcy process is just about wiping out debt. Indeed, discharging debt is the key mission of bankruptcy. However, there is another important goal of the bankruptcy…
Municipal Minute
US Supreme Court Finds Chicago Did Not Violate Bankruptcy Stay in Keeping Impounded Vehicles
Last week, the United States Supreme Court held that the City of Chicago did not violate the automatic stay provision of the Bankruptcy Code when the City refused to return…