Statute
Chapter 11
1,295 published works
In Solvency
Energy Producer, AES Thames LLC, Files for Bankruptcy in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On February 1, 2011, AES Thames, LLC ("AES" or "Debtor") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to the Declaration of AES's President…
In Solvency
Apparel Retailer, Orchard Brands, Files for Bankruptcy in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On January 19, 2011, Orchard Brands, also known as "Appleseed's Intermediate Holdings," filed petitions for bankruptcy in the United States Bankruptcy Court for the District Delaware. According to the…
Bankruptcy Litigation Blog 2.0
Bankruptcy Tweets for the Week Ending 1/26/2011
Here are my tweets for this past week, though expanded into plain english. RSS Feeds are also available for those seeking instant gratification: Here's the 2011 update to my upcoming PLI…
Bankruptcy Law Insights
A&P — Direct Showdown Avoided On Leasehold Liens Under DIP Financing Order
By Ben Feder
Can a debtor seeking debtor-in-possession (“DIP”) financing under Section 364 of the Bankruptcy Code grant a lender a lien on a leasehold interest in the face of an express anti-hypothecation…
Delaware Bankruptcy Update
Creditors’ Committee in Precision Parts International Bankruptcy Files Avoidance Actions
Introduction In December of 2010, the Official Committee of Unsecured Creditors (the "Committee"), in the Precision Parts International ("PPI") bankruptcy commenced several avoidance actions against various creditors of PPI. As reflected…
InsureReinsure
Ambac and IRS Come to Temporary Terms Regarding Dispute Over $700 Million in Tax Refunds
As previously discussed here, Ambac Financial Group Inc. has filed for bankruptcy for Chapter 11 bankruptcy relief with United States Bankruptcy Court for the Southern District of New York.
Georgia Bankruptcy Blog
How Much Does A Chapter 11 Bankruptcy Cost? Why Is It So Expensive?
By Sunghee Sohn
Lawyers who handle Chapter 11 Bankruptcy cases for small to medium size businesses usually address these questions in the initial conversation with potential clients. "How much is a Chapter 11…
In Solvency
Trustee In DBSI Bankruptcy Files Adversary Actions
Introduction Earlier this month, the chapter 11 trustee (the "Trustee") in the DBSI bankruptcy began filing adversary actions seeking the avoidance and recovery of alleged fraudulent transfers. The Trustee filed the…
InsureReinsure
During Hearing to Consider Ambac’s Rehabilitation Plan, Insurance Regulator Reveals that Liquidation of the Bond Insurer was Considered
As we first covered here, Ambac Financial Group Inc., the parent of the ailing Wisconsin-domiciled bond insurer Ambac Assurance Corp., filed for Chapter 11 bankruptcy relief with United States Bankruptcy…
In Solvency
Wolverine Tube Files Bankruptcy, Hoping to Confirm Prearranged Plan
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On October 31, 2010, Wolverine Tube, Inc. ("Wolverine") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to the Declaration of Wolverine's…