Topic
Liquidation
165 published works
Nebraska Debt & Bankruptcy Blog
Necessary Documents for Chapter 7 Court Hearings
By Sam Turco
In today's email inbox came this message: Message from UST Regarding Necessary Documentation for Chapter 7 Section 341 Meetings of Creditors The Chapter 7 Panel Trustees for the District of…
International Trade Law
Steel yourselves – troubles ahead?
British Steel has entered compulsory liquidation today with EY being appointed as special managers. Is British Steel the first real victim of Brexit? First, as a result of the delay…
South Florida Trial Practice
Is Prepetition Bad Faith “Cause” For Dismissal in a Chapter 7?
By Heather Ries
In a recent case out of the Southern District of Florida, the Court outlined the standard for dismissal of an individual's Chapter 7 case based on the Debtor's pre-petition bad…
Feher Law Blog
How much can you make in a year in order to qualify for Chapter 7?
When determining if you can qualify for a Chapter 7 bankruptcy, we first need to consider your gross household monthly income, your expenses, and the number of people in your…
Bankruptcy & Restructuring Law
Delaware Bankruptcy Court Holds Retention of Liquidation Consultant Not Subject to 11 U.S.C § 327(a)
In a recent decision, Heritage Home Group LLC, et al., Case No. 18-11736-KG, 2018 WL 4684802 (Bankr. D. Del. Sept. 27, 2018), Judge Kevin Gross, U.S. Bankruptcy Judge for the…
Bankruptcy Litigation Briefing
Alert: Liquidation Trustee Awarded $17 Million Against Former CEO and Others
In a suit by the trustee of the liquidation trust of Green Field Energy Services, a defunct oil services business, against the debtor's former CEO and others, the U.S. Bankruptcy…
Virginia Condominium & Homeowners' Association Law Blog
When Delinquent Owners File a Bankruptcy – What now?
Like any other business, community associations are often faced with delinquent owners seeking bankruptcy protection. In fact, as of May 2018, over 9,800 bankruptcies have been filed in Virginia alone. …
Tax Law for the Closely Held Business
Shifting Business Activities Between Related Entities?
By Lou Vlahos
Metamorphosis [i] By now, most readers have heard about the benefits and pitfalls of “checking the box” or of failing to do so. Of course, I am referring to the…
In Solvency
Alert: Cambridge Analytica files for Bankruptcy Protection
Cambridge Analytica filed for bankruptcy under Chapter 7 of the Bankruptcy Code late last week and recently announced that it will be shutting down. We will be monitoring the case…
Tax Law for the Closely Held Business
Trusts and the Corporate Lawyer
By Lou Vlahos
Corporate attorneys usually think of trusts as estate planning tools: they are the vehicles through which the owner of a business may pass along to their family a beneficial interest…