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Corporate Law
Is Your Trademark License Assignable in Bankruptcy?
By Jordan A. Fisch, Wylie D. Van Ness
The Seventh Circuit Court of Appeals recently addressed in In re XMH Corp., 647 F. 3d 690 (7th Cir. 2011), whether or not trademark licenses are assignable in bankruptcy proceedings.…
Delaware Bankruptcy Update
Notice: Order in AFA Investment, Inc. Has Substantial Effect on Creditors — Guest Post Written by Jay Strock
On May 8, 2012, the U.S. Bankruptcy Court for the District of Delaware (the “Court”) entered its Order (the “Order”) Establishing Procedures to Assert Claims Arising under Section 503(b)(9) of…
The Faculty Lounge
Supreme Court Makes Life More Difficult for Bankrupt Farmers
I am not an expert in bankruptcy, so I confess that I may be missing something, but this morning's opinion in Hall v. United States leaves me puzzled. In short,…
New Jersey Insurance Coverage Litigation
Assignment of insurance policies in bankruptcy
By Gene Killian
Asbestos defendants who file for reorganization under the U.S. Bankruptcy Code and seek to establish a personal injury trust for the payment of claims may transfer their liability insurance recovery…
Delaware Bankruptcy Update
A Closer Look at the Bicent Power Bankruptcy
Introduction On April 23, 2012, Bicent Holdings LLC, and various related entities (collectively "Bicent" or the "Debtors") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of…
Securities Law Prof Blog
Lubben on Resolution of Large Financial Firms
Resolution, Orderly and Otherwise: B of A in OLA, by Stephen J. Lubben, Seton Hall University - School of Law, was recently posted on SSRN. Here is the abstract:What precisely…
Texas Bankruptcy Blog
Qualifying For Bankruptcy
By Bryan Fears
Some people believe that they do not "qualify" for bankruptcy relief. Often the reasons for disqualification are strange: for instance, "I make too much money," or "I don't make enough…
Bankruptcy Litigation Blog 2.0
7th Circuit: Bankruptcy Code Doesn’t Override the “In Pari Delicto” Defense
Peterson v. McGladry & Pullen, LLP, 2012 WL 1088274 (7th Cir. April 3, 2012) (pdf), is an important new case from the 7th Circuit addressing the ability (or better,…
Texas Bankruptcy Blog
What The Automatic Stay Can Do For You
By Bryan Fears
When a bankruptcy case is filed, all of the debtor's assets, debts, income, and other financial aspects are placed under the jurisdiction of the United States Bankruptcy Court. The Bankruptcy…
Georgia Bankruptcy Blog
The Law Of Collateral Estoppel: Bankruptcy Proof Your Judgment
By Sunghee Sohn
Bill Rothschild of Ogier, Rothschild, Rosenfeld & Ellis-Monroe, P.C., has an article in the current issue of Calendar Call, a publication of the General Practice and Trial Section of the State Bar of…