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Chapter 11
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Georgia Bankruptcy Blog
ND Ga – Trustee’s Complaint For Fraudulent Conveyance Satisfied Pleading Requirements
By Sunghee Sohn
By: Scott B. Riddle, Esq. Perkins, as Chapter 11 Trustee for International Management Associates, Inc. v. Crown Financial, LLC, Adv. No. 06-6421, 2007 Bankr. LEXIS 1566 (Bankr. N.D. Ga. March…
In The (Red)®
A Second District Court Decides Whether A Trademark License Can Be Assumed In Bankruptcy
Once again, a district court has faced the issue of whether a non-exclusive trademark license can be assumed by a debtor in possession. Before the November 2005 decision in In re:…
Georgia Bankruptcy Blog
Cravath Adds Bankruptcy Practice; Large Firms Gear Up For Rise In Business Cases
By Sunghee Sohn
Law.com and the Wall Street Journal Law Blog discuss Cravath, Swaine & Moore's hiring of Richard Levin from Skadden Arps to jump start a Bankruptcy practice. More important, at least for…
Delaware Corporate & Commercial Litigation Blog
Chancery Court Stays Case in Favor of Bankruptcy Matter
Enodis Corp. v. Amana Co., (Del. Ch., April 26, 2007), read opinion here. This Chancery Court decision (by letter) maintained a stay that had been imposed by the Chancery Court in…
In The (Red)®
Scotia Pacific Court Rules On Motion To Compel Group Of Hedge Funds To Disclose Their Trading Details
In February and March of this year, Judge Allan L. Gropper of the U.S. Bankruptcy Court for the Southern District of New York, presiding over the Northwest Airlines Chapter 11 case, required…
Georgia Bankruptcy Blog
What Is A Sub-Prime Mortgage?
By Sunghee Sohn
By: Scott B. Riddle, Esq. It appears as though the term "sub-prime mortgage" is going to be thrown around quite a bit in the near future, especially in the Bankruptcy…
Georgia Bankruptcy Blog
New Century Financial, Big Subprime Lender, Files Chapter 11 Petition And Lays Off 3200
By Sunghee Sohn
Although I have not focused on the issue here, other blogs have discussed the taking of the sub-prime lending market. The latest shot is the Chapter 11 filing of New…
Georgia Bankruptcy Blog
Jocks & Jills Restaurants Files Chapter 11 Bankruptcy
By Sunghee Sohn
By: Scott B. Riddle, Esq. Jocks & Jills Restaurants, LLC, and several related entities filed Chapter 11 petitions in the Northern District of Georgia, Case No. 07-64355-mhm. They have filed a…
Georgia Bankruptcy Blog
Bally’s Total Fitness Clubs May Seek Bankruptcy Protection
By Sunghee Sohn
By: Scott B. Riddle, Esq. Bally's Total fitness, which has several clubs in the Atlanta area, has said it may file for Chapter 11 Bankruptcy protection. Gym operator Bally Total…
Finance & Bankruptcy Law Blog
On February 5, 2007, the United States Court of Appeals for the Eleventh Circuit affirmed defendants L’il Joe Records Inc. et al (“L’il Joe”).
The defendants were purchasers of certain copyrights and other assets of debtors Luke Records, Inc. and Luther Campbell under a confirmed chapter 11 plan. Prior to the filing of the…