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United States Trustee Meeting Room Change

10/16/16

According to the United States Bankruptcy Court for the District of Delaware’s website, the meeting room for the United States Trustees has been changed from the second floor room 2112 to the third floor room of 3209 in the J. Caleb Boggs Federal Building, 844 N King Street, Wilmington DE 19801. The change went effective October 4th, 2016.

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Local Rules Comment Period

10/10/16

According to the United States Bankruptcy Court for the District of Delaware’s website, the Court has instituted an annual process to review and consider comments and revisions to its Local Rules.  See announcement here.  The comment period is October 1, 2016 through October 31, 2016.  All comments received will be considered by the Local Rules Committee. Revisions to the Local Rules will be effective February 1, 2017.

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Delaware Bankruptcy Court Now on Twitter

10/04/16

The Delaware Bankruptcy Court announced recently that it is now on Twitter.  You can follow the Court and receive various updates here: https://twitter.com/USCourtsDEB.

Carl D. Neff is a partner with the law firm of Fox Rothschild LLP.  You can reach Carl at (302) 622-4272 or at [email protected].

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Will Madden v Midland Disrupt Loan Sales and Platform Lending?

07/19/16

Where do marketplace lenders and secondary loan market participants find themselves on the issue of preemption of state usury laws after the June 27 denial of the petition for a writ of certiorari in Madden v. Midland by the U.S. Supreme Court?

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It’s Not Goodbye; It’s ‘See You Later’

07/05/16

[wsj-responsive-image P="//si.wsj.net/public/resources/images/BN-OT702_outout_P_20160705121502.jpg" J="//si.wsj.net/public/resources/images/BN-OT702_outout_J_20160705121502.jpg" M="//si.wsj.net/public/resources/images/BN-OT702_outout_M_20160705121502.jpg" credit="Bloomberg News" placement="Inline" suppressEnlarge="false" ]

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GoPro Competitor iON Files for Bankruptcy

06/28/16

Wearable camera maker iON Worldwide Inc., a competitor of GoPro, filed for bankruptcy. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Hotel Company Founded by John Q. Hammons Enters Chapter 11

06/27/16

[wsj-responsive-image P="//si.wsj.net/public/resources/images/BN-OQ864_0626ha_P_20160626150922.jpg" J="//si.wsj.net/public/resources/images/BN-OQ864_0626ha_J_20160626150922.jpg" M="//si.wsj.net/public/resources/images/BN-OQ864_0626ha_M_20160626150922.jpg" caption="In a March 30, 2004, file photo, John Q. Hammons poses for a photo in his new 8,000 seat baseball stadium in Springfield, Mo. Hammons, a prominent hotel developer and southwest Missouri philanthropist, died May 26, 2013.

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Lynn Tilton and Patriarch Win Minor Victory

06/17/16

[wsj-responsive-image P="//art.wsj.net/api/photos/31690525/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/31690525/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/31690525/smartcrop?height=853&width=1280" caption="Lynn Tilton speaks with her attorneys after her hearing at the U.S. District courthouse in New York, May 11, 2015. A" credit="Reuters" placement="Inline" suppressEnlarge="false" ]

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Coming and Going Concerns

06/06/16

Sharon Levine has joined the bankruptcy and restructuring group at law firm Saul Ewing as a partner. Ms. Levine has experience in bankruptcy litigation and restructurings. She has represented unsecured creditors’ committees in bankruptcies including Exide Technologies, Horsehead Holdings, Lear Corp. and Verso Paper. She has worked on other big chapter 11 cases including MF Global, Hawker Beechcraft and Patriot Coal, as well as Detroit’s chapter 9 bankruptcy case.

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Breitburn Energy Wins Approval on Bankruptcy Financing

05/20/16

[wsj-responsive-image P="//art.wsj.net/api/photos/36433807/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/36433807/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/36433807/smartcrop?height=853&width=1280" credit="Agence France-Presse/Getty Images" placement="Inline" suppressEnlarge="false" ]

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