March 8, 2021
The owner of defunct businesses was held ineligible to be a small business debtor because he was no longer the owner of an operating business. Being a non-owner executive of an operating business didn’t qualify him.
March 3, 2021
An appeal from a critical vendor order was dismissed as equitably moot.
February 12, 2021
Judge Grabill would have given commercial creditors either their own committee or special counsel given the different interests of sexual abuse claimants.
July 24, 2020
More than 600 cases have already been filed under the SBRA since subchapter V of chapter 11 became effective in February.
July 13, 2020
The SBRA can be used to extinguish a creditors’ committee previously appointed in a ‘traditional’ chapter 11 case.
April 8, 2020
New York district court upholds a typical critical vendor order.
December 10, 2019
Saying she is in the minority in her district, a new Delaware judge ruled that allowing creditors to opt out won’t permit a plan to impose nonconsensual, third-party releases.
November 22, 2019
The claim of a member of a creditors’ committee was subordinated because she evaded disclosure that her claims would consume the entire estate.
October 21, 2019
Negotiating a prepackaged asbestos plan and having been paid by the debtor does not disqualify a future claimants’ representative under the disinterestedness standard.
October 8, 2019
California judge sides with former Bankruptcy Judge Steven Rhodes by holding that the U.S. Trustee does not have statutory power to appoint an unsecured committee in a chapter 9 case.