News

Today's News

May 21, 2024 - 48 new headlines

Red Lobster Gets OK To Tap $40M Ch. 11 Loan - Law360

05/21/2024 Red Lobster Gets OK To Tap $40M Ch. 11 Loan  Law360 [more]
Tags: News, Reorganizations

Yellow Corp. Seeks Ch. 11 Plan Extension After $2B In Sales - Law360

05/21/2024 Yellow Corp. Seeks Ch. 11 Plan Extension After $2B In Sales  Law360 [more]
Tags: News, Reorganizations

Lead Golden Pass LNG contractor, Zachry Holdings, announces Chapter 11 bankruptcy - 12newsnow.com KBMT-KJAC

05/21/2024 Lead Golden Pass LNG contractor, Zachry Holdings, announces Chapter 11 bankruptcy  12newsnow.com KBMT-KJAC [more]
Tags: News, Reorganizations

Contempt motion continued in bankruptcy case involving Wendy McCaw - KEYT

05/21/2024 Contempt motion continued in bankruptcy case involving Wendy McCaw  KEYT [more]
Tags: Cases of Interest, News

Alex Jones Judge Sets Day Of Reckoning For Ch. 11 Case - Law360

05/21/2024 Alex Jones Judge Sets Day Of Reckoning For Ch. 11 Case  Law360 [more]
Tags: Cases of Interest, News

Red Lobster’s management issues led to bankruptcy - KTLA Los Angeles

05/21/2024 Red Lobster’s management issues led to bankruptcy  KTLA Los Angeles [more]
Tags: Filings, News

Variety Of Cases Propelled Rise In New Jersey Ch. 11 Filings - Law360

05/21/2024 Variety Of Cases Propelled Rise In New Jersey Ch. 11 Filings  Law360 [more]
Tags: Filings, News

Cano Health expects to emerge from Chapter 11 bankruptcy in Q3 (OTC Markets:CANOQ) - Seeking Alpha

05/21/2024 Cano Health expects to emerge from Chapter 11 bankruptcy in Q3 (OTC Markets:CANOQ)  Seeking Alpha [more]
Tags: News, Reorganizations

Giuliani, Poll Workers Ink Deal In Bankruptcy Defamation Suit - Law360

05/21/2024 Giuliani, Poll Workers Ink Deal In Bankruptcy Defamation Suit  Law360 [more]
Tags: Cases of Interest, News

Red Lobster closes some restaurants in the Metroplex as it files Chapter 11 bankruptcy - Yahoo Canada Finance

05/21/2024 Red Lobster closes some restaurants in the Metroplex as it files Chapter 11 bankruptcy  Yahoo Canada Finance [more]
Tags: News, Reorganizations

Blogs

US Trustee Investigating Possible Scheme to Take Debtors’ Equity in Real Property in Multiple Cases; Lawyer Sanctioned

05/14/2024 In a very detailed 91-page Order entered in the Northern District of Georgia- and adopted by all Judges in the District – Judge Sacca addressed serious concerns of the United States Trustee over the handling of a Chapter 13 case by the Debtor’s lawyer. The United States Trustee is also [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 13, chapter 7, Consumer Bankruptcy Guide, elder abuse, Elder law, Eleventh Circuit Cases, flipping, Georgia bankruptcy, Georgia Bankruptcy Lawyer, Georgia State Cases, GeorgiaBankruptcyBlog, Middle District Cases, Miscellaneous Cases, News and Comments, Northern District Cases, we buy houses

Terms of Confirmed Chapter 11 Plan Prohibit Malpractice Claim Against Debtor’s Counsel

04/03/2024 The Third Circuit Court of Appeals issues a reminder to debtors’ counsel that they can protect themselves with beneficial (boilerplate) terms in a Chapter 11 Plan. In In re SC SJ Holdings, LLC, 2024 WL 1328233 (3rd. Cir. March 28, 2024), the Debtor was the owner of a hotel that was operated [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, Chapter 11, Chapter 11 Plan, Corporate & Fiduciary Litigation, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Miscellaneous Cases, Plan of Reorganization, reorganization, Small Business Bankruptcy, Uncategorized

Bankruptcy and Divorce (Vol. 73) – Agreements to Transfer Property

03/14/2024 An entire blog could be devoted to the intersection of Bankruptcy and divorce, but for this post we will look at what happens when a divorce decree (or final settlement agreement) requires that one of the spouses transfer his or her interest in real property to the other spouse, but before the [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 7, Chapter 7 Trustee, divorce, divorce decree, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Miscellaneous Cases, Northern District Cases, real property

Section 523(a) Exceptions to Discharge Do Not Apply to Subchapter V Corporate Debtors

02/22/2024 … at least in Judge Sigler’s Court in the Northern District of Georgia. Primary Investments Group, Inc. v. RA Custom Design Inc., 2024 WL 607716, Adv. Proc. No. 23-05193-sms (February 13, 2024). The holding is consistent with most courts that have ruled on the issue, with the exception [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, Chapter 11, discharge, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Northern District Cases, Subchapter V

The Discharge Injunction – Violations and Damages

02/09/2024 It seems like violations of the discharge injunction get much less publicity than violations of the automatic stay.  Perhaps that is because by the time a discharge is entered the creditor has received the message.  When there is a violation the Eleventh Circuit has a good body of law on [more]
Tags: Atlanta bankruptcy, Atlanta Bankruptcy Lawyer, bankruptcy, Bankruptcy Blogs, chapter 7, Contempt, discharge, Discharge Injunction, Discharge Order, Eleventh Circuit Cases, Georgia bankruptcy, Georgia Bankruptcy Lawyer, GeorgiaBankruptcyBlog, Miscellaneous Cases, Northern District Cases, US Supreme Court Cases

Meet Judge Robinson

01/01/2024 Shad Robinson took the bench as the twelfth bankruptcy judge to serve in the Western District of Texas on February 21, 2023. Judge Robinson, by his own telling, took an unlikely path to law school and practicing bankruptcy law. He is fairly unique among his bankruptcy colleagues in that he practiced [more]
Tags: ATexasBankruptcyLawyersBlog, Bankruptcy Blogs

Supreme Court Strikes Blow for Deciding Cases and Explains What Is Jurisdictional and What Is Not

11/26/2023 Author's Note: I started writing this post in April. My life has been a bit busy this year so I haven't blogged as much as in prior years. If you are already familiar with the holding of Moac Mall Holdings, you may want to skip to the end to the What It Means section.In Justice Ketanji Brown [more]
Tags: 363(m), ATexasBankruptcyLawyersBlog, Bankruptcy Blogs, Justice Ketanji Brown Jackson, mootness

The Valuation Paradox

10/18/2023 In the program Who Killed the Company? Tips and Trends in Claims and Defenses, Judge Marvin Isgur and his fellow panelists confronted issues such as in pari delicto, insurance coverage and waiver of fiduciary duties. However, one discussion led by Judge Isgur focused on whether solvency should be [more]
Tags: ATexasBankruptcyLawyersBlog, Bankruptcy Blogs, Judge Marvin Isgur, NCBJ 2023, Valuation

NCBJ 2023: The View from Austin

10/15/2023  The National Conference of Bankruptcy Judges came to Austin for its 2023 conference with the slogan Blues, Barbecue and Bankruptcy. Here are some images from the conference.    Sheriff Ronnie King was the Master of Ceremonies for the Conference.   Chief Judge [more]
Tags: ATexasBankruptcyLawyersBlog, Bankruptcy Blogs, NCBJ 2023

Rats! I need a new car and I’m stuck in Chapter 13

09/05/2023 Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […] The post Rats! I need a [more]
Tags: Bankruptcy Blogs, Blog, chapter 13, Chapter 13 Bankruptcy, NorthernVirginiaBankruptcyAttorneyRobertWeed, Weekly Posts