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831 published works
In Solvency
Bahraini Investment Bank, Arcapita Bank BSC, Files for Bankruptcy in the Southern District of New York
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On Monday, Arcapita Bank BSC ("Arcapita"), a Bahraini closed joint stock company, filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the Southern District of…
Delaware Bankruptcy Update
Ruling Confirms that Judicial Liens are Dischargeable in Chapter 7
Summary In an opinion issued March 16, 2012, Judge Sontchi of the Delaware Bankruptcy Court ruled that unpaid debts subject to a judicial lien are dischargeable in bankruptcy. Judge Sontchi’s…
In Solvency
Consistency – A Hallmark of the Delaware Bankruptcy Court
By Fox Rothschild LLP, Fox Rothschild LLP
In a 17 page decision entered March 9, 2012, Judge Carey of the Delaware Bankruptcy Court granted a motion for relief from the Bankruptcy Code’s automatic stay to allow an…
Texas Bankruptcy Blog
What Happens to Your Credit Card Debt After Death?
By Bryan Fears
The saying goes, “You can’t take it with you.” However, when it comes to credit card debt, in many cases you can. When a credit card belongs to one person…
Texas Bankruptcy Blog
Chapter 7 Bankruptcy Timeline
By Bryan Fears
The most common type of bankruptcy case is the Chapter 7 no asset case. In this case the debtor does not lose any property and unsecured creditors (e.g. credit card…
Texas Bankruptcy Blog
Discharging Social Security Overpayments
By Bryan Fears
Many common events trigger a decrease in monthly Social Security benefits, including a change in the number of people in your home, or an increase in income. The Social Security…
Delaware Corporate & Commercial Litigation Blog
Chancery Rules on Issue of Confidentiality Despite Automatic Stay of Bankruptcy Code Section 362(a)
N.K.S. Distributors, Inc. v. Tigani, et al., C.A. No. 4640-VCP (Del. Ch. Feb. 3, 2012). This summary was prepared by Tara Lattomus of Eckert Seamans. Issues Addressed Whether the automatic…
In Solvency
Chapter 7 Trustee in ManagedStorage (aka Incentrix Solutions) Files Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction In January, Jeoffrey L. Burtch, the Chapter 7 Trustee (the "Trustee") in the ManagedStorage bankruptcy proceeding, commenced adversary proceedings in the Delaware Bankruptcy Court against various defendants. As alleged in the complaints,…
Delaware Bankruptcy Update
Chapter 7 Trustee in ManagedStorage (aka Incentrix Solutions) Files Preference Actions
Introduction In January, Jeoffrey L. Burtch, the Chapter 7 Trustee (the "Trustee") in the ManagedStorage bankruptcy proceeding, commenced adversary proceedings in the Delaware Bankruptcy Court against various defendants. As alleged in the complaints,…
Southern California Bankruptcy Law Blog
Can The Debtor Compel The Chapter 7 Trustee To Abandon An Asset?
A fellow attorney recently asked me this question because the Trustee kept continuing his Chapter 7 client's meeting of creditors under 11 U.S.C. § 341(a). What's a work here? By…