Topic
chapter 11
574 published works
Southern California Bankruptcy Law Blog
The Fight Against An Alarming Trend: Section 706(b) Motions – Part 1
There is an alarming trend facing us, and it is not the latest teen-age fashions. It is the filing of motions pursuant to 11 U.S.C. § 706(b), to convert individual…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Gateway Kensington LLC
By Cole Schotz
On May 14, 2021, Gateway Kensington LLC, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-22274). …
Herrick Restructuring Review
Voting Rights Provisions in Intercreditor Agreements May Not Be Enforceable As Expected
By Gabrielle Fromer, Stephen Selbst
In an anomalous decision by the Bankruptcy Court in the District of Kansas, the court declined to enforce the voting provisions in subordination agreements that allowed the senior creditor to…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Royal Blue Realty Holdings, Inc.
By Cole Schotz
On April 26, 2021, Royal Blue Realty Holdings, Inc., a New York-based real estate company, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Secure Home Holdings LLC
By Cole Schotz
On April 25, 2021, Secure Home Holdings LLC and various affiliates, which provide home security services and smart home automation to residential and small business customers, filed a petition for relief…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – L&L Wings, Inc.
By Cole Schotz
On April 24, 2021, New York-based beachwear retailer L&L Wings, Inc., which operates 26 stores in the Carolinas, Florida, Texas and California, filed a petition for relief under Chapter 11 of…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – WB Supply LLC
By Cole Schotz
Late on April 20, 2021, Texas-based WB Supply LLC, one of the largest privately held pipe and supply companies in the United States, filed a petition for relief under Chapter 11…
Herrick Restructuring Review
Car Club Seeks Chapter 11 Protection Despite Growing Membership in “Defensive Move”
Despite a relatively strong 2020, New York Classic Motors, LLC, a unit of Classic Car Club Manhattan, filed for chapter 11 protection on April 9, 2021. Classic Car Club Manhattan…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Automotores Gildemeister SpA
By Cole Schotz
On April 12, 2021, Automotores Gildemeister SpA of Santiago, Chile filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – TECT Aerospace Group Holdings, Inc.
By Cole Schotz
Late on April 5, 2021, TECT Aerospace Group Holdings, Inc., along with certain affiliates that manufacture high precision components and assemblies for the aerospace industry, filed a petition under Chapter 11…