Chapter 11

Southern District of Georgia: Absolute Priority Rule Applies In Individual Chapter 11 Cases

07/06/16

ch 11After 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. 14-40219, 2016 WL 3583299 (Bankr. M.D.

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Energy Future Holdings Chapter 11 Case – The Largest Game Ever of Texas Hold’em?

05/31/16

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

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Pre-Packaged Plan Clears Confirmation in Fifteen Days

04/14/16
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 confirmation in just fifteen days.    Case No. 16-20111, In re Southcross Holdings, LP (Bankr. S.D. Tex.
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Going Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2016

02/22/16

dollar-1164990_1280An 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

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Delaware Bankruptcy Judge Rejects Effort to Circumvent Supreme Court’s Asarco Decision

02/09/16

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 bankruptcy practitioners.  Moreover, a recent decision in a Delaware bankruptcy case shows that the impact of Asarco will not be easily circumvented.

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Were the Energy Future Holdings and Caesars Chapter 11 Cases Just Saved by K Street Lobbyists?

12/29/15

Bankruptcy and restructuring professionals usually do not need to be political junkies.

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