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Plan Proponent
Judges Series – Judge Homer Drake’s Top 10 Confirmation Opinions – Part 6 (#1)
Today we wrap-up our month-long series on Georgia’s Ret. Judge W. Homer Drake, Jr. Click here if you missed the first five posts. In this post, we finally get to…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Teligent, Inc.
By Cole Schotz
On October 14, 2021, Teligent, Inc. of Iselin, NJ, a specialty generic pharmaceutical company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court…
The CLS Blue Sky Blog
Bankruptcy Shopping: Domestic Venue Races and Global Forum Wars
By Anthony J. Casey, Joshua Macey
The United States Bankruptcy Code gives debtors wide discretion to reorganize in the venue of their choice. These lenient venue selection rules long have allowed bankruptcy courts in the District…
Real Bankruptcy Intel
Wither Non-Debtor Releases? Purdue Pharma and the Proposed SACKLER Act
By Samuel R. Rabuck, Sean T. Scott, Aaron Gavant
On Friday, March 19, 2021, Congressional lawmakers introduced a bill that would amend the U.S. Bankruptcy Code to prohibit bankruptcy judges from permanently enjoining or releasing legal claims of states,…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Medley LLC
By Cole Schotz
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for…
In Solvency
Hedge Fund Founder Pleads Guilty to Bankruptcy Fraud in Connection with Neiman Marcus Bankruptcy
In many chapter 11 cases, a committee of unsecured creditors is formed early in the case to represent the overall interests of unsecured creditors. See 11 U.S.C. § 1102. Members…
Talkov Law Blog
Bankruptcy Basics: The Ultimate Bankruptcy Law Introduction
By Talkov Law
Free Information on Bankruptcy Law Basics under the United States Bankruptcy Code Many debtors, creditors, legal professionals, and others have heard of bankruptcy, but need more information to determine whether…
Real Bankruptcy Intel
Supreme Court Holds That Retaining Impounded Vehicles Does Not Violate Automatic Stay
By Aaron Gavant, Samuel R. Rabuck
In a post for Appellate.net, Restructuring partner Aaron Gavant and associate Samuel Rabuck and Supreme Court & Appellate partner Nicole A. Saharsky summarize the Supreme Court's recent decision in Chicago…
Talkov Law Blog
How Much Equity Can a Debtor Have in Their Home and Still File for Chapter 7 Bankruptcy?
By Scott Talkov
How Much Home Equity Can a Debtor Exempt in California Bankruptcy? As California bankruptcy attorneys, we are often asked how much equity a debtor can have in their home and…
Marks, Works, and Secrets
Lehman Brothers is Gone but Not Abandoned
By Ira S. Sacks
On September 30, 2020, the Trademark Trial and Appeal Board ruled in favor of the assignee of the famous LEHMAN BROTHERS trademark against the registration that mark as a brand…