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Today's News

May 22, 2024 - 9 new headlines

Johnson & Johnson Talc Bankruptcies Abused Process, Suit Says - Bloomberg Law

05/22/2024 Johnson & Johnson Talc Bankruptcies Abused Process, Suit Says  Bloomberg Law [more]
Tags: Lawsuits, News

Red Lobster files for Chapter 11 bankruptcy protection - mySA

05/22/2024 Red Lobster files for Chapter 11 bankruptcy protection  mySA [more]
Tags: News, Reorganizations

Red Lobster Chapter 11 | Editorial Cartoons | greenevillesun.com - Greeneville Sun

05/22/2024 Red Lobster Chapter 11 | Editorial Cartoons | greenevillesun.com  Greeneville Sun [more]
Tags: News, Reorganizations

$150 Million And Counting: How Much Trump's Attorneys Have Paid For Trying To Overturn The 2020 Election—As ... - Forbes

05/22/2024 $150 Million And Counting: How Much Trump's Attorneys Have Paid For Trying To Overturn The 2020 Election—As [more]
Tags: Lawsuits, News

Red Lobster officially files for bankruptcy: What does it mean for the restaurants? - MSN

05/22/2024 Red Lobster officially files for bankruptcy: What does it mean for the restaurants?  MSN [more]
Tags: Filings, News

Major contractor for QatarEnergy-Exxon LNG plant in Texas files for bankruptcy - WION

05/22/2024 Major contractor for QatarEnergy-Exxon LNG plant in Texas files for bankruptcy  WION [more]
Tags: Filings, News

ProSomnus in Peril: Chapter 11 Reorganization Poses Threat to Stock Value and Company Viability - TipRanks.com - TipRanks

05/22/2024 ProSomnus in Peril: Chapter 11 Reorganization Poses Threat to Stock Value and Company Viability - TipRanks.com  TipRanks [more]
Tags: News, Reorganizations

US court pulls up Byju Ravindran's brother for not being 'truthful' on the missing $533 mn that lenders ar - The Economic Times

05/22/2024 US court pulls up Byju Ravindran's brother for not being 'truthful' on the missing $533 mn that lenders ar  The Economic Times [more]
Tags: Cases of Interest, News

US bankruptcy court pulls up Byju’s co-founder Riju Ravindran for concealing $533 mn | Mint - Mint

05/22/2024 US bankruptcy court pulls up Byju’s co-founder Riju Ravindran for concealing $533 mn | Mint  Mint [more]
Tags: Cases of Interest, News

12News breaks down the timeline of the Zachry Holdings Chapter 11 Bankruptcy and furloughed workers - 12newsnow.com KBMT-KJAC

05/21/2024 12News breaks down the timeline of the Zachry Holdings Chapter 11 Bankruptcy and furloughed workers  12newsnow.com KBMT-KJAC [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