News Topic: Chapter 11

On her The Bottom Line 11 blog, Fox partner  Mette Kurth  discussed the recent bankruptcy filing of health care provider HCR ManorCare: ... Read full article

On her The Bottom Line 11 blog, Fox partner  Mette Kurth  discussed the recent bankruptcy filing of aircraft service provider Jet Midwest Group: ... Read full article

The Supreme Court two years ago ruled in Baker Botts v. Asarco that bankruptcy professionals entitled to compensation from a debtor’s bankruptcy estate had no statutory right to be compensated for time spent defending against objections to their fee ... Read full article

Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware handed down an important ruling last week that turned aside most of an unusual challenge to the fees and expenses of an indenture trustee in the long-running Nortel chapter 11 ... Read full article

Judge Christopher Sontchi recently issued an important opinion in the Molycorp chapter 11 case .  He held that a standard carve-out in a financing order for the fees of counsel and other professionals for an official creditors’ committee will not later ... Read full article

The U.S. Supreme Court heard oral arguments this week in the case of Czyzewski v. ... Read full article

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The U.S. Supreme Court will hear the case of Czyzewski v. Jevic Holding Corp. during the new term that began last week.  The questions it presents are relatively simple.  First, can a bankruptcy court, in dismissing a case under the U.S. ... Read full article

One challenge in confirming a chapter 11 plan is finding an impaired accepting class without counting votes of insiders as required by 11 U.S.C. Sec. 1129(a)(10).   A new opinion from the District Court of Arizona makes that job easier in cases with ... Read full article

After a hearing on the approval of a disclosure statement, Judge Edward J. Coleman of the Middle District of Georgia ruled that the absolute priority rule and new value exception apply in individual Chapter 11 cases.  In re Rogers , Ch. 11 Case No. ... Read full article

Copyright: bbourdages / 123RF Stock Photo ... Read full article

The chapter 11 case of Energy Future Holdings (“EFH” or “Debtors”) roared back to life this month. ... Read full article

Shakespeare bemoaned "the law's delay."   Dickens brought us Jarndyce v. Jarndyce, a case spanning generations.   However, a new Chapter 11 case  filed in Corpus Christi demonstrated the opposite of delay, blazing from petition to ... Read full article

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U.S. Bankruptcy Judge Shelley Chapman ruled last week in the chapter 11 case of Sabine Oil & Gas that Sabine could utilize the U.S. ... Read full article

An official notice from the Judicial Conference of the United States  was just published announcing that certain dollar amounts in the Bankruptcy Code will be increased ever ... Read full article

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The Supreme Court’s decision last term in Baker Botts v. Asarco , in which the Court ruled that professionals that are paid from a debtor’s bankruptcy estate cannot be compensated for time spent defending their fee applications, continues to rankle ... Read full article