Party’s Over? Not So Fast – Party City Vendors Face Bankruptcy Preference Claims - The National Law Review
Party’s Over? Read full article
Party’s Over? Read full article
Checkers and Rally's Franchisee With 16 Restaurants Files for Chapter 11 Hoodline Read full article
Filing Alert: Aspen Square Homes Chapter 11 Bondoro Read full article
Outback moves to take over 61 restaurants after franchisee bankruptcy The Independent Read full article
Athlete-Lender Sure Sports Files for Chapter 11 Bankruptcy Protection Sportico.com Read full article
Owner of grocery-anchored Baum Boulevard property files Ch. 11 to avoid sheriff's sale The Business Journals Read full article
John Jones Auto Group moves to acquire bankrupt Indiana dealership The Business Journals Read full article
Russian Companies Are Going Bankrupt Faster as Taxes Rise and Demand Falls UNITED24 Media Read full article
What Becomes of Karyopharm Therapeutics (NASDAQ:KPTI) Shares Under a USD 110 Million Chapter 11? kalkine.ca Read full article
How Much Is Left for Mercer International (NASDAQ:MERC) Holders as Chapter 11 Nears? kalkine.ca Read full article
It is not very hard to plead cases under the Federal Rules of Civil Procedure. However, some rules are honored more in the breach. Take Fed.R.Civ.P. 8(a)(2) which requires a "short and plain statement of the claim." A short and plain statement makes it easier to draft a responsive answer without 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
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
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