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Preference actions are a form of litigation specifically provided for in Section 547 of the Bankruptcy Code, which allows a Debtor or Trustee to recover payments made by the Debtor within the 90 days prior to declaring bankruptcy.

Episode 1 of the BR Guest show shines a light on Brown Rudnick's Law360 Bankruptcy Practice Group of the Year Award. Brown Rudnick was one of only five U.S. law firms recognized in the bankruptcy category.

Michael Sweet was quoted in The New York Times article "Braced to Remake Itself, Detroit First Awaits Challenges to Bankruptcy Eligibility."

In the Cal Dive International, Inc. bankruptcy proceeding, a formation meeting has been scheduled for Tuesday, March 17, 2015 at 10:00 a.m. (ET) at the Doubletree Hotel, 700 N. King Street, Wilmington, DE 19801.

Michael A. Sweet was quoted in the Reuters article, "California City Looks To Quit Calpers, Fears It Can’t Afford To."

Termination letter sent to biggest U.S. pension fund

Michael A. Sweet was quoted in the Reuters article, "Calpers Weighs in on Detroit Pension Debate."

Security deposits are considered property of the bankruptcy estate, and as such, are generally required to be returned to the debtor.

The district court affirms the bankruptcy court's decision determining the winning bidder at an auction of estate property.

The complaint also alleges that the Company unilaterally changed the terms of the loans to require arbitration after the loans attracted regulatory scrutiny.

Champion Property Holdings, LLC and Anglin Cultured Stone Products LLC ("Debtors") each filed for Chapter 11 bankruptcy protection with the Delaware Bankruptcy Court on February 10, 2021.

Chapter 11 debtors have multiple pathways to exit bankruptcy, including plan confirmation, asset sales, dismissal, or conversion to Chapter 7 liquidation. Understanding how these mechanisms interact and can be sequenced is essential for practitioners developing effective exit strategies. This practice note examines the legal and practical considerations associated with each exit pathway.

The United States Bankruptcy Appellate Panel of the 6th Circuit affirmed the Bankruptcy Court dismissal of five single – asset real estate Debtors’ Jointly Administered Chapter 11 cases under the "For Cause" dismissal provisions of the United States Bankruptcy Code, 11 U.S.C.A. § 1112 (b). see In re Creekside Senior Apartments, LP, et al., 2013 WL 1188061 (6th Cir. BAP Ky.)

Two weeks after a nine-day trial on Detroit's eligibility for bankruptcy concluded, U.S. Bankruptcy Judge Steven Rhodes has yet to rule on the city's fate. The case is still moving along rapidly in comparison to some other municipal bankruptcy cases.

Stockton, California has become the biggest U.S. city ever to enter bankruptcy.

The United States District Court for the District of Massachusetts recently denied a motion for class certification in a case asserting that defendants failed to obtain valid assignments prior to foreclosing.

During times of corporate uncertainty, the company's message to customers, vendors and employees can either instill confidence or foster anxiety.