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In In re Washington Mutual, Inc., No. 08-12229 (MFW), 2011 WL 4090757 (Bankr. D. Del. Sept. 13, 2011), the United States Bankruptcy Court for the District of Delaware denied confirmation of debtor Washington Mutual, Inc.’s ("WaMu") plan of reorganization.

Sears (Sears Holdings Corporation) filed for bankruptcy protection under Chapter 11 in the Southern District of New York on Monday.

William Choslovsky was featured in the DebtWire article "Illinois Could Sacrifice Sacred Cows amid Drawn-Out Budget Battle." Full text can be found in the October 16, 2015, issue, but a synopsis is below.

Michael Viscount was featured in The Philadelphia Inquirer article "In A.C., Two Reasons This Is Personal." Full text can be found in the August 16, 2015, issue, but a synopsis is below.

The bankruptcy court overrules the trustee's objection to the debtors' proposed Chapter 13 plan.

The bankruptcy court holds that the Chapter 13 debtor cannot cram down a portion of the auto lender's secured claim because it represents a purchase money security interest ("PMSI") for a vehicle the debtor purchased for personal use within 910 days of bankruptcy, ..

In September 2015, the U.S. Court of Appeals for the Third Circuit issued an opinion in In re ICL Holding Co. Inc. that further reinforces the ability to use § 363 sales and settlements to resolve chapter 11 cases.

The Sixth Circuit B.A.P. affirms the bankruptcy court's order denying the creditor's motion to reopen the bankruptcy case.

The Sixth Circuit B.A.P. affirms the decision of the bankruptcy court granting relief from the automatic stay so that the creditor can continue with state court litigation against the debtor.

The bankruptcy court found that the creditor failed to show sufficient cause justifying an extension.

The bankruptcy court rejects the creditor's argument that its wholly underwater lien on the Chapter 13 debtors' residence cannot be avoided based on § 1322(b)(2).

Another North Dakota shale oil driller has filed for bankruptcy protection.

Can a financially distressed be "forced" into bankruptcy by its creditors? In other words, is it possible for creditors to subject a distressed entity into an involuntary bankruptcy proceeding?

The district court denies the adversary proceeding defendant's motion to withdraw the reference. The plaintiffs obtained a state court judgment against the defendant before the defendant filed his Chapter 7 petition.

US federal banking regulations that go into effect next year require certain major financial institutions to ensure that their qualified financial contracts (QFCs).

Dickinson Wright PLLC is pleased to announce that James Plemmons has been elected as a Fellow of Litigation Counsel of America.

Friday, January 30th, a US judge dismissed a lawsuit against pharmaceutical company Johnson & Johnson (J&J), wherein plaintiffs claimed J&J relied on the "Texas Two-Step" as part of its bankruptcy plan.