Statute
Chapter 11
1,295 published works
Bankruptcy
Delaware Bankruptcy Court Finds that Intellectual Property Was Not Conveyed to Purchaser of Debtors’ Assets Under Plan
By Carl D. Neff
In the recent decision of Automotive Coalition for Traffic Safety, Inc. v. Joyson Safety Systems Acquisition, LLC, et al., (In re: TK Holdings, Inc., et al.), (Bankr. D. Del. June…
Credit Report
Payday before mayday: The increasing use of pre-bankruptcy executive retention bonuses
The initial wave of post-COVID Chapter 11 business bankruptcies has revealed an increasing tendency for senior executives of financially distressed companies to award themselves substantial bonuses and similar forms of…
Delaware Bankruptcy Blog
Administrative Claim Regarding Mineral Rights Denied by Delaware Bankruptcy Court
By Carl D. Neff
In the recent decision of In re MTE Holdings, LLC, et al., Case No. 19-12269 (CSS) (Del. Bankr. June 8, 2020), the Delaware Bankruptcy Court determined whether a landowner that…
Elder Law Prof Blog
Secured vs. Unsecured Creditors for CCRCs or Life Care Communities in Reorganization: The Clare Oaks Example
Lately I've been wading through deep waters in the form of competing proposals for creditor relief in a bankruptcy matter involving "senior living." Clare Oaks, as described in recent court documents, …
Illinois Workers Compensation Law Blog
How Hertz Bankruptcy Affects Your Work Comp Case
By Mike Helfand
There is more going on in the news right now than any time I can remember in my life. Because of this, some news can slip through the cracks or…
Bankruptcy
Oil and Gas Giant Templar Energy Files for Bankruptcy in Delaware
By Carl D. Neff
Templar Energy, an oil and gas driller, filed for Chapter 11 bankruptcy protection on June 1, 2020 in the Delaware Bankruptcy Court, becoming the latest mega energy company to waive…
Delaware Bankruptcy Blog
Oil and Gas Giant Templar Energy Files for Bankruptcy in Delaware
By Carl D. Neff
Templar Energy, an oil and gas driller, filed for Chapter 11 bankruptcy protection on June 1, 2020 in the Delaware Bankruptcy Court, becoming the latest mega energy company to waive…
Real Bankruptcy Intel
What We’re Reading This Week [May 18, 2020]
By Sean T. Scott, Aaron Gavant, Alexander F. Berk
J.C. Penney Company, Inc. is the latest retailer to file for chapter 11 bankruptcy, reports CNN. Although the COVID-19 pandemic played a role in the 118-year old retailer's decision to…
Real Bankruptcy Intel
What We’re Reading This Week [May 4, 2020]
By Sean T. Scott, Aaron Gavant, Alexander F. Berk
The Wall Street Journal reports that clothing retailer J. Crew Group Inc. has filed for chapter 11 bankruptcy in the United State Bankruptcy Court for the Eastern District of Virginia.…
Religion Clause
Administrative Offices of New Orleans Archdiocese File For Bankruptcy
On Friday, the Catholic Archdiocese of New Orleans announced that the Administrative Offices of the Archdiocese have filed for Chapter 11 bankruptcy reorganization, saying in part:The move was necessitated by…