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Delaware Bankruptcy Blog
Involuntary Bankruptcy Proceeding Filed Against SonoCiné, Inc.
By Carl D. Neff
On July 28, 2020, an involuntary bankruptcy petition was filed against SonoCiné, Inc., an imaging ultrasound company. A copy of the involuntary petition can be found here. According to the…
Feher Law Blog
What IS bankruptcy?
Bankruptcy is a legal process which allows a person who owes more money than he or she can currently repay, to either (1) repay a portion of the money over…
Talkov Law Blog
Bankruptcy Trustee Compensation Fee Calculator [Free]
By Scott Talkov
Free Calculator to Determine the Bankruptcy Trustee’s Fee in a Chapter 7 and Chapter 11 Bankruptcy Bankruptcy trustee compensation in Chapter 7 & 11 is fixed by many courts according…
Talkov Law Blog
What To Do if the Chapter 7 Bankruptcy Trustee Wants to Sell Your House
By Ian Kirk
How to Avoid the Sale of Your Property By a Chapter 7 Trustee It may come as a surprise to many involved in bankruptcy that the Chapter 7 Trustee is…
Global Regulation Tomorrow
The SFA files court brief in bankruptcy court opposing Hertz’s attempt to alter an ABS arrangement
By Patrick Dolan (US), Kathleen Scott (US)
The US Structured Finance Association (the “SFA”), the securitization industry group, has filed an amicus brief in support of a challenge and objection to the Motion for Order Rejecting Certain…
Louisiana Law Blog
Is That a Real Covenant, or Just an Executory Contract? Midstream Agreements to be Tested in Coming Wave of E&P Bankruptcy Cases.
By Eric Lockridge, Katilyn Hollowell
Every few weeks, another news outlet reports that a wave of energy-related bankruptcy cases is on the way. See links below if you need some examples.[1] A recent decision in…
Credit Report
Chicago Bankruptcy Court holds rent may be reduced during Chapter 11 proceedings due to COVID-19 shutdown orders
By Publisher
A Chicago bankruptcy court recently ruled in In re Hitz Restaurant Group that a debtor’s obligation to pay rent during its bankruptcy case may be temporarily reduced because of a…
Retail & Consumer Products Law Observer
In the Wake of COVID-19: Protective Actions the Retail Tenant Should Take When Faced with a Landlord’s Bankruptcy
By Monique Almy, Thomas Koegel, Randall Hagen
Retail tenants are experiencing unprecedented difficulties stemming from the COVID-19 pandemic, including government shutdown orders for non-essential businesses and shelter-in-place rules that have virtually stopped all in-person shopping. Even as…
Finance & Bankruptcy Law Blog
Ninth Circuit Affirms that Liens Pass Through Bankruptcy Even if Underlying Claim is Disallowed
The Ninth Circuit on June 1 affirmed a key bankruptcy principle that liens may survive and “pass through” the bankruptcy process even if the underlying claim secured by the lien…
Wage & Hour Litigation Blog
Is a Purchase in Bankruptcy Really Free and Clear of Liability During COVID-19?
By: John G. Yslas and Phillip J. Ebsworth Seyfarth Synopsis: In acquiring a company in bankruptcy, there is often a tendency to think this guarantees the purchaser will be “free…