Statute
Chapter 11
1,295 published works
Elder Law Prof Blog
Sears Methodist Retirement Files for Chapter 11 Reorganization in Texas
According to news reports, on June 10 Sears Methodist Retirement System, Inc. filed a voluntary petition in bankruptcy court in Texas, seeking relief under Chapter 11. Apparently the private company, organized as a…
Workplace Privacy, Data Management & Security Report
FTC Objects to Sale of Company Assets Based on Potential Breach of Privacy Policy
By Joseph J. Lazzarotti, Christopher E. Hoyme
Recently, the Federal Trade Commission (“FTC”) filed a limited objection in bankruptcy court to the proposed sale of assets of ConnectEdu, Inc. (“ConnectEdu”) on the grounds that the company’s privacy…
Bankruptcy Law Insights
None Too Appealing – District Court Turns Aside Free Lance-Star Publishing Credit Bid Lender
By Ben Feder
A recent ruling in the Chapter 11 case of Free Lance-Star Publishing limited the credit bidding rights of a secured creditor. The ruling has called into question the ability of…
Nonprofit Law Prof Blog
Foohey: “Perspectives on Religious Organizations’ Reorganizations”
Pamela Foohey (Illinois) has posted Perspectives on Religious Organizations' Reorganizations, to be published in the American Bankruptcy Law Journal. Here is the abstract:This Article, written in conjunction with the Empirical…
Virtual Currency Report
Mt. Gox Heads Toward Liquidation
By John D. Penn
On April 16, Mt. Gox’s civil rehabilitation proceeding in Tokyo (something similar to a U.S. Chapter 11) was dismissed and the initial stages of a bankruptcy liquidation under Japanese law…
In Solvency
Optim Energy, LLC Files for Chapter 11 Bankruptcy Protection in Delaware
Optim Energy, LLC and its subsidiaries and affiliates (“Optim” or the “Debtors”) filed for bankruptcy under Chapter 11 of the Bankruptcy Code on Wednesday, February 12, 2014 (the “Petition Date”)…
Delaware Bankruptcy Update
Optim Energy, LLC Files for Chapter 11 Bankruptcy Protection in Delaware
Optim Energy, LLC and its subsidiaries and affiliates (“Optim” or the “Debtors”) filed for bankruptcy under Chapter 11 of the Bankruptcy Code on Wednesday, February 12, 2014 (the “Petition Date”)…
In Solvency
Tuscany International Drilling Inc. Files for Bankruptcy: Seeks to Reorganize Debt in Chapter 11
Tuscany International Drilling Inc. (“TID”) and its subsidiary, Tuscany International Holdings (U.S.A.) Ltd. (“TIH”; collectively with TID, “Tuscany” or the “Debtors”) filed for bankruptcy under Chapter 11 of the United…
Delaware Bankruptcy Update
Tuscany International Drilling Inc. Files for Bankruptcy: Seeks to Reorganize Debt in Chapter 11
Tuscany International Drilling Inc. (“TID”) and its subsidiary, Tuscany International Holdings (U.S.A.) Ltd. (“TIH”; collectively with TID, “Tuscany” or the “Debtors”) filed for bankruptcy under Chapter 11 of the United…
Bankruptcy Law Insights
Fisker Automotive Chapter 11 Case: a Two-Headed Stalking Horse and a New Credit Bidding Controversy
By Ben Feder
Fisker Automotive’s chapter 11 case began in what has become a depressingly familiar fashion – a fast-tracked sale to a secured lender. However, two rulings by Judge Kevin Gross of…