Bankrupt San Antonio Oil Company Could Be Sold to Largest Creditor
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Sixth Circuit Enforces a ‘Carveout’ for Professionals after Conversion to Chapter 7
The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.
Court:
Sears Picks Liquidator Should Rescue Talks Fall Through
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Portland Inn Sells for $1.7 Million, Will Close Temporarily
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Eleventh Circuit Allows Termination of Retiree Benefits in a Chapter 11 Liquidation
Operations must continue for a debtor to invoke Section 1114 in a chapter 11 liquidation, Eleventh Circuit says.
Court:
Lampert to Bid for Sears Real Estate if Rescue Attempt Fails
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North Mississippi Health Services Buys Hospital in Amory
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An Interest in Property as JTWROS Drops Out of the Estate on Death of the Debtor
JTWROS ownership confers benefits and disadvantages in bankruptcy, too.
Court:
Bankruptcy Judge Approves ProCure Sale
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Sears Faces Liquidation If No Bid Comes Through Today
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