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Chapter 11
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Delaware Bankruptcy Update
A Closer Look at the Iseli Nursery and Weeks Wholesale Bankruptcies
Introduction On October 4, 2010, International Garden Products filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. International Garden Products ("IGP") is…
In Solvency
Decision in Archway Cookies Grants Summary Judgment Based on Ordinary Course of Business Defense
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On September 1, 2010, Judge Christopher S. Sontchi of the United States Bankruptcy Court for the District of Delaware issued a decision finding that the payment practices between a…
Delaware Bankruptcy Update
Thompson Publishing Files for Bankruptcy, Hoping to Complete a 363 Sale of Assets
Introduction On September 21, 2010, Thompson Publishing Holding Co., Inc. ("Thompson") and various related entities, filed petitions for bankruptcy in the United States Bankruptcy for the District of Delaware. (View a…
Delaware Bankruptcy Update
Creditors’ Committee of Pacific Energy Resources Files Avoidance Actions
In late August, the Official Committee of Unsecured Creditors (the "Committee") in the Pacific Energy Resources bankruptcy, began filing adversary actions against various creditors. The complaints filed by the Committee allege…
In Solvency
Trico Marine Files for Bankruptcy in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On August 25, 2010, Trico Marine Services, Inc., filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to Trico's Declaration in Support of…
Delaware Bankruptcy Update
Trico Marine Files for Bankruptcy in Delaware
Introduction On August 25, 2010, Trico Marine Services, Inc., filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. According to Trico's Declaration in Support of…
Bankruptcy Law Insights
Texas Rangers Chapter 11 Saga – Lessons Learned?
By Ben Feder
The Texas Rangers Chapter 11 case is finally winding down, following several weeks of nearly non-stop legal wrangling and high stakes drama. Rangers Baseball Express, LLC (“RBE”), a group fronted by…
In Solvency
A Closer Look at the Equitable Power of the Bankruptcy Court
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On August 20, 2010, Petroflow Energy Ltd. ("Petroflow"), filed a petition for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Months prior to Petroflow's filing…
Delaware Bankruptcy Update
Caribbean Petroleum Files for Bankruptcy Following Explosion at Petroleum Tank Farm
Introduction On August 12, 2010, Caribbean Petroleum Corporation filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Caribbean Petroleum imports and distributes petroleum products…
In Solvency
Liquidating Trustee of Intermet Corporation Files Preference Actions in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Earlier this month, the Liquidating Trustee in the Intermet bankruptcy filed preference actions against various defendants. This post will look at the nature of Intermet's business, why the company…