Statute
Chapter 11
1,295 published works
In Solvency
USA Discounters Ltd. files for Chapter 11 Bankruptcy Protection
USA Discounters Ltd. filed for bankruptcy protection in the Delaware Bankruptcy Court and plans to wind down its business. The case is before the Honorable Christopher S. Sontchi, and is…
Bankruptcy Report
Structured Dismissal: The “Least Bad Alternative”
By Katie Gerlach, Dustin Smith
The Third Circuit, in Official Committee of Unsecured Creditors v. CIT Group/Business Credit Inc. (In re Jevic Holding Corp.),[1] became the first court of appeals to approve the settlement and…
Plan Proponent
ABI Commission Report – Small and Medium-Sized Debtor Enterprises
(Can the Commission's SME proposal better-adapt Chapter 11 for Main Street?) (Yes, Bark Marketing needs to update for the upcoming season. Go Dawgs!) This is the final post in Plan Proponent’s series on…
Plan Proponent
ABI Commission Report – Orders Resolving Chapter 11 Cases
(by Elizabeth Carden of the ABI) (by Dave's iPhone) The American Bankruptcy Institute held its 20th Annual Southeast Bankruptcy Workshop on Amelia Island last week. At the conference, we heard…
Banking & Finance Law Report
STRUCTURED DISMISSAL OF CHAPTER 11 CASES AND THE INVOLUNTARILY SUBORDINATED CREDITOR: Official Comm. of Unsecured Creditors v. CIT Group/Bus. Credit Inc. (In re Jevic Holding Corp.), 787 F.3d 173 (3d Cir. 2015)
The United States Court of Appeals for the Third Circuit plays a uniquely important role in the development of the bankruptcy laws. The liberal venue rule for bankruptcy cases set…
South Florida Trial Practice
Swift Stay Relief for Leviston in 50 Cent Bankruptcy
By Heather Ries
Curtis James Jackson, III, better known as rapper 50 Cent, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court, District of Connecticut ("Bankruptcy Court") on Monday, July 13th. …
Data Privacy + Cybersecurity Insider
Debtor’s Founder Ordered to Turn Over Social Media Accounts to Reorganized Company
By Steven Boyajian, Michael Enright, Patrick Birney
A recent bankruptcy court decision highlights the importance of Facebook pages, Twitter accounts, and similar social media assets in today’s business marketplace. It’s not always clear how these might be…
Bankruptcy Law Insights
Energy Future Holdings – More Bad News for Bondholders on Make-Whole Premiums
By Ben Feder
For the second time in the past few months, Judge Christopher Sontchi has dashed the hopes of certain creditors in the Energy Future Holdings (“EFH”) chapter 11 case that they…
Plan Proponent
ABI Commission Report – Plan Settlements & Compromises
This is the next post in Plan Proponent’s series on the plan confirmation-related recommendations in the ABI Commission Report (and, in particular, its Exiting the Case piece).We’ve switched over to Section F of the Report regarding…
In Solvency
Nortel Opinion Interprets Supreme Court’s Wellness Opinion
By Fox Rothschild LLP, Fox Rothschild LLP
Summary In a 12 page decision released June 2, 2015, Judge Gross of the Delaware Bankruptcy Court gives us our first Delaware specific insight into how the U.S. Supreme Court's…