News

Today's News

June 12, 2026 - 24 new headlines

Davis Polk Advises Sleep Number $415m Chapter 11 Sale — Goodwin Procter Acts for Sleep Country - Lawyer Monthly

06/12/2026 Davis Polk Advises Sleep Number $415m Chapter 11 Sale — Goodwin Procter Acts for Sleep Country  Lawyer Monthly [more]
Tags: News, Reorganizations

Seaweed Yarn Maker Keel Labs Files for Chapter 11 Bankruptcy - WWD

06/12/2026 Seaweed Yarn Maker Keel Labs Files for Chapter 11 Bankruptcy  WWD [more]
Tags: News, Reorganizations

Sleep Number files Chapter 11, has stalking horse bidder, seeks $260M DIP - PitchBook

06/12/2026 Sleep Number files Chapter 11, has stalking horse bidder, seeks $260M DIP  PitchBook [more]
Tags: News, Reorganizations

Boating retailer West Marine files for bankruptcy, but will keep 200 stores operating - SILive.com

06/12/2026 Boating retailer West Marine files for bankruptcy, but will keep 200 stores operating  SILive.com [more]
Tags: News, Reorganizations

Sleep Number Hits Chapter 11 With $415M Sale Offer - Law360

06/12/2026 Sleep Number Hits Chapter 11 With $415M Sale Offer  Law360 [more]
Tags: News, Reorganizations

Major marine parts chain closes 59 stores after filing for bankruptcy - MLive.com

06/12/2026 Major marine parts chain closes 59 stores after filing for bankruptcy  MLive.com [more]
Tags: News, Reorganizations

GoHealth shares sink after Chapter 11 filing, delisting but peers remain unfazed - S&P Global

06/12/2026 GoHealth shares sink after Chapter 11 filing, delisting but peers remain unfazed  S&P Global [more]
Tags: News, Reorganizations

Sleep Number Sets $415 Million Stalking Horse Asset Sale With Sleep Country Canada - TradingView

06/12/2026 Sleep Number Sets $415 Million Stalking Horse Asset Sale With Sleep Country Canada  TradingView [more]
Tags: News, Reorganizations

SCOTUS News: Justices revive PI claim omitted from plaintiff’s bankruptcy - Missouri Lawyers Media

06/12/2026 SCOTUS News: Justices revive PI claim omitted from plaintiff’s bankruptcy  Missouri Lawyers Media [more]
Tags: Cases of Interest, News

Sleep Number files for bankruptcy protection, merging with Canada company - Star Tribune

06/12/2026 Sleep Number files for bankruptcy protection, merging with Canada company  Star Tribune [more]
Tags: 363 Sales, News

Blogs

US Supreme Court Rules on Judicial Estoppel in Chapter 13 Bankruptcy Case

06/11/2026 Make sure you are disclosing ALL property, including any personal injury or other claims you might have against any other party. That includes disclosing it after your Bankruptcy case is filed in a Chapter 13 case. I expect the debtor might prevail on remand because he apparently promptly notified [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 13, chapter 7, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, judicial estoppel, Personal Injury, Supreme Court, US Supreme Court Cases

11th Circuit and 2 Live Crew: Contingent Copyright Termination Rights Are Property of the Bankruptcy Estate, but Questions Remain

06/03/2026 In a case of first impression, the Eleventh Circuit addressed the intersection of Copyright Law and Bankruptcy Law, and whether an artist’s statutory copyright termination rights are property of the Bankruptcy Estate. Lil’ Joe Records, Inc. v. Mark Ross, Luther Campbell, et al., 2026 WL [more]
Tags: 2 Live Crew, Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, Chapter 11, chapter 7, copyright, Eleventh Circuit Cases, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, News and Comments, property of the estate

Is Trustee Required to Disclose Information Voluntarily Provided by a Creditor on a Confidential Basis?

06/02/2026 In In re Newport 222 Mitchell Street, L.P., 2026 WL 1488930, Ch. 7 Case No. 24-54060-sms (Bankr. N.D. Ga. May 27, 2026) (click here for .pdf) a creditor sought to compel the Chapter 7 Trustee to furnish information voluntarily provided to him by another creditor on a confidential basis. The basis [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, bankruptcy trustee, Chapte7, chapter 7, Chapter 7 Trustee, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Northern District Cases

Georgia Homestead Exemption Increases to $50,000.00/$100,000.00 on July 1, 2026

05/12/2026 If you are contemplating filing for Bankruptcy and own a home, you probably will want to consider waiting a few weeks. Georgia Governor Brian Kemp has signed House Bill HB 1024, which increases the Georgia Homestead Exemption from the current $21,500.00 to $50,000.00 effective July 1, 2026. If the [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 13, chapter 7, Consumer Bankruptcy Guide, exemptions, Georgia bankruptcy, Georgia Bankruptcy Lawyer, Georgia State Cases, GeorgiaBankruptcyBlog, homestead, Homestead Exemptions, News and Comments

US Supreme Court – “Reasonable Time” Requirement Applies to Rule 60(b) Motions to Vacate Void Judgments

02/10/2026 Coney Island Auto Parts Unlimited, Inc. v. Burton, Trustee, 2026 WL 135998 (January 20, 2026) (click here for .pdf).  In 2014, Debtor Vista-Pro Automotive, LLC filed an adversary proceeding against Coney Island to recover $50,000.00 in unpaid invoices. Coney Island did not answer and a default [more]
Tags: Adversary Proceeding, Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 7, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, rule 60, Supreme Court, US Supreme Court Cases

11th Circuit: Equitable Tolling Still Does Not Apply To Deadline For §523 Discharge Complaints

09/23/2025 “Ever tried. Ever failed. No matter. Try again. Fail again. Fail better.” Samuel Beckett in Worstword, Ho. Many have tried to extend the deadline for discharge complaints that is found in Bankruptcy Rule 4007(c), almost always after missing the deadline. The Eleventh Circuit recently [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, Bankruptcy Deadlines, Bankruptcy Rules, chapter 7, discharge, Eleventh Circuit Cases, equitable tolling, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog

Trustee Cannot Avoid Deed Because Every Letter Of the Notary’s Signature Was Not Fully Discernible

09/17/2025 In Barger v. Rocket Mortgage, LLC, Adv. Proc. No. 23-5164-bem, 2025 WL 1416871 (Bankr. N.D. Ga. May 15, 2025), the Chapter 7 Trustee sought to avoid a deed because every letter of the notary’s name was not fully discernible in the signature. The Court previously granted summary judgment to the [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, bankruptcy trustee, chapter 7, Deed, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Northern District Cases, Security Deed

Manufactured Home Is Not “Motor Vehicle” So Cram Down Of Secured Loan In Chapter 13 Plan Is Not Prohibited By Hanging Paragraph of §1325(a)

09/16/2025 In re Thomas, Ch. 13 Case No. 24-10535-RMM, 2025 WL 1373615 (Bankr. M.D. Ga. May 12, 2025). Debtors’ Chapter 13 Plan proposed to reduce the secured creditor’s claim to the value of the manufactured home that served as collateral. The sole legal issue was whether a manufactured home that was [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 13, chapter 13 plan, Consumer Bankruptcy Guide, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Hanging Paragraph, Manufacured Home, Middle District Cases, Mobile Home, secured debt

11th Circuit – Damages for False Imprisonment are Nondischargeable as Willful and Malicious Injury

08/05/2025 In Watson v. Bradsher and Ali, 2025 WL 2205853 (11th Cir. August 4, 2025), the Debtor met Plaintiffs at a bar and invited one of them to go home with him. She sternly rejected his advances and moved with her friend to another part of the bar. Debtor tried to pay his tab and could not find his [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 7, discharge, Eleventh Circuit Cases, Exceptions to Discharge, false imprisonment, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Northern District Cases, Willful and Malicious Injury

The Use of Trusts in Mortgage Loan Financing

06/25/2025 Trusts are being used more often for financing mortgage loans, which can be an effective way to optimize asset management and minimize lender risk. Key Benefits of Using Trusts in Mortgage Loan Financing Titling Trusts for Mortgage Loans: A Titling Trust holds the legal title to mortgage [more]
Tags: Bankruptcy Blogs, BankruptcyandRestructuringBlog, mortgage loan, trusts