News Topic: News and Comments

Previous articles have discussed the fiduciary duties of officers and directors of companies in financial trouble (see articles here and here ). ... Read full article

A second lawsuit has been filed in the Chapter 7 cases related to Raving Brands and its owners, officers and affiliated companies.  The first adversary proceeding was filed last week in the Chapter 7 case In re Raving Brands, Inc ., Ch. 7 Case No. ... Read full article

Morris Brown College , a historically black college in Atlanta and part of the Atlanta University Center (which also includes Clark Atlanta University , Spelman College , Morehouse College and the Morehouse School of Medicine < ... Read full article

The Chapter 7 Trustee of Raving Brands, Inc.   filed on August 16, 2012 an adversary proceeding against several former owners, officers and directors of the Debtor, as well as several affiliated companies, alleging, inter alia , that the parties engaged ... Read full article

The Chapter 7 Trustee of Raving Brands, Inc.   filed on August 16, 2012 an adversary proceeding against several former owners, officers and directors of the Debtor, as well as several affiliated companies, alleging, inter alia , that the parties engaged ... Read full article

Jim Donnan has more problems with the SEC, but this time it is the Securities and Exchange Commission and not the other football teams in the Southeastern Conference.  Donnan, the football coach for the Georgia Bulldogs from 1996-2000 was sued by the SEC ... Read full article

The latest statistics from the Northern District of Georgia Clerk's Office and Administrative Office show, not surprisingly, that filings are down.  In the Northern District of Georgia, Chapter 7 and 13 filings are down significantly from January to ... Read full article

In a case of first impression, the Georgia Court of Appeals has held that a foreclosure notice must identify  both the secured lender and the "individual or entity who shall have full authority to negotiate, amend, and modify all terms of the ... Read full article

Bill Rothschild of Ogier, Rothschild, Rosenfeld & Ellis-Monroe, P.C ., has an article in the current issue of Calendar Call, a publication of the General Practice and Trial Section of the State Bar of Georgia , entitled "Bankruptcy-Proofing Your ... Read full article

The Atlanta Journal reports that Georgia's rate of foreclosures remains among the highest in the nation. Statewide, 12,356 properties had foreclosure filings -- including default notices, scheduled auctions and bank repossessions -- in February, ... Read full article

Here is a list of events of interest to Bankruptcy lawyers in Georgia.  Please send a message or leave a comment if there are others. ... Read full article

The Bankruptcy Section of the Atlanta Bar Association  enthusiastically announces the commencement of monthly Breakfast Meetings in Year 2011. Please save the dates listed below and come join your colleagues for delicious food, collegiality and ... Read full article

The Seventh Circuit Court of Appeals has issued the first published Circuit Court opinion on the question of whether trademarks are assignable in a Bankruptcy case.  The opinion, authored by Judge Posner, is in the case of In re XMH Corp ., Nos. ... Read full article

In CML V, LLC v. Bax , No. 735, 2010 (Del. Supr. Sept. 2, 2011) ( click here for .pdf of opinion ), the Delaware Supreme Court addressed the questions of whether a creditor can file a derivative action against a limited liability company.   Plaintiff CML ... Read full article

The State of Georgia is among the national leaders in banks closed by state and federal agencies.  So far in 2011, six Georgia banks have been closed, with the latest two being Habersham Bank and Citizens Bank of Effingham .  Since late 2008, when the ... Read full article

The Seventh Circuit Court of Appeals has issued the first published Circuit Court opinion on the question of whether trademarks are assignable in a Bankruptcy case.  The opinion, authored by Judge Posner, is in the case of In re XMH Corp ., Nos. ... Read full article

In CML V, LLC v. Bax , No. 735, 2010 (Del. Supr. Sept. 2, 2011) ( click here for .pdf of opinion ), the Delaware Supreme Court addressed the questions of whether a creditor can file a derivative action against a limited liability company.   Plaintiff CML ... Read full article

The Bankruptcy Section of the Atlanta Bar Association  enthusiastically announces the commencement of monthly Breakfast Meetings in Year 2011. Please save the dates listed below and come join your colleagues for delicious food, collegiality and ... Read full article