Case Law Update
From Green to Red: What Insolvency Professionals Need to Know About Cannabis
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You Can Check Out Any Time You Like, but You Can Never Leave (Chapter 11, That Is)
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Ninth Circuit Describes the Pleading and Proof for Converting from ‘11’ to ‘7’
With the statute silent, the Ninth Circuit makes rules for assets that go to the chapter 7 estate on conversion from chapter 11.
Court:
Mass-Tort Cases: Recurring Issues
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A Receiver May Move to Dismiss an Involuntary Petition, but May Not Answer
Surprisingly, there is little authority on whether or how a receiver may respond to the filing of an involuntary petition.