July 14, 2021
Officers are presumptively disqualified from KERPs, “absent a strong showing that they do not perform any significant role in management,” a district judge in New York says.
March 3, 2021
An appeal from a critical vendor order was dismissed as equitably moot.
September 15, 2020
Even though the price and terms were ‘entirely fair,’ Bankruptcy Judge Garrity disapproved DIP financing that would have locked in the right of controlling shareholders to purchase new stock at a 20% discount.
June 29, 2020
Government often wins by arguing that the Small Business Act prohibits injunctions forcing the SBA to consider granting ‘PPP’ loans without regard to whether the applicant is a chapter 11 debtor.
May 26, 2020
Bankruptcy Judge David Jones finds the Jay Alix Protocol to be ‘completely unnecessary.’
April 8, 2020
New York district court upholds a typical critical vendor order.
March 17, 2020
Judge Grossman finds a way to grant allowances of compensation for services performed before the entry of a retention order.
September 19, 2019
Judges Stark and Carey from Delaware distinguish between prohibiting the power and the right to assign a claim.
January 8, 2019
The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.
November 15, 2018
Super priority claims are not created under Section 503(b) and therefore don’t take a back seat to chapter 7 administrative claims.