News

AirBaltic Gets OK To Tap $162M In Ch. 11 Financing    Law360 Read full article

Cheektowaga company files for bankruptcy, citing $10M+ in liabilities    The Business Journals Read full article

Judge asks about 'missing' video in Shilo Sanders' bankruptcy case, plaintiff blames Deion    roundtable.io Read full article

Case Summary: PGR Lessee I Chapter 11    Bondoro Read full article

agricultural margin compression | Wisconsin Farm Bankruptcies on the Rise as Operating Costs Mount    en.edairynews.com Read full article

Raleigh hotel operator files for bankruptcy months after $28M sale of downtown property    The Business Journals Read full article

Filing Alert: Gordon Companies Chapter 11    Bondoro Read full article

New City psychiatrist petitions for Ch. 11 bankruptcy    Westfair Communications Read full article

Lawsuit forces winery to close down, files Chapter 11 bankruptcy    Yahoo Finance Singapore Read full article

Lycra appoints Hua Du as CEO months after Chapter 11 exit    Fashion United Read full article

Ever since Stern v. Marshall , bankruptcy lawyers are frequently asked to consent to entry of final orders by the Bankruptcy Court. I routinely agree to consent because the Bankruptcy Court is a familiar forum and the judges are a known quantity. Occasionally I will say no for strategic reasons. Read full article

 A recent Fifth Circuit opinion brought back memories of a case I was involved with as a young lawyer. The lesson to be learned is that debtors are required to appear for a hearing on a complaint objecting to discharge regardless of whether they have been subpoenaed. Fed.R.Bankr.P. 4002(a)(2) Read full article

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A motion to lift the automatic stay to allow a tort claimant to proceed against the debtor's insurance coverage is one of the simpler pleadings to file in bankruptcy. Because insurance involves a third party's obligation to defend a suit or pay claims, property of the estate is not implicated. Read full article

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 The Fifth Circuit has long applied judicial estoppel aggressively when a debtor fails to list a cause of action. It once held (in a panel opinion overruled by the en banc court) that a trustee was bound by a debtor's failure to disclose assets. Reed v. City of Arlington , 620 F.3d 477 (5th Cir. Read full article

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