6,271 results found

The United States Bankruptcy Court for the Southern District of New York has ruled that a creditor or trustee seeking to recover a subsequent transfer under Section 550(a) of the Bankruptcy Code...

On Friday, December 11, 2015, Cubic Energy Inc. and affiliated debtors ("Debtors" or "Cubic") filed a voluntary Chapter 11 with the United States Bankruptcy Court for the District of Delaware.

In the decision of In re Metroplex on the Atlantic, LLC, 545 B.R. 786 (Bankr. E.D.N.Y. 2016), the United States Bankruptcy Court for the Eastern District of New York held that an easement is an in rem property interest, subject to sale free and clear under Bankruptcy Code section 363(f).

There have been several developments in the Egenix, Inc. ("Egenix" or "Debtor") bankruptcy case pending in the District of Delaware.

A number of towage and bunker suppliers have requested the intervention of a district court judge to clarify whether the U.S. Bankruptcy Court has authority to "effectively extinguish... maritime liens" on chartered vessels.

The Court's decision could resolve a question of great significance for financial institutions and those who use their services in transactions.

On May 1, 2017, the U.S. Supreme Court agreed to hear Merit Management Group v. FTI Consulting, No. 16-784, on appeal from the U.S. Court of Appeals from the Seventh Circuit.

As a further update to our client alerts related to the failure of Silicon Valley Bank, the ensuing FDIC receivership, and the government's decision to invoke the systemic risk exception...

The Sixth Circuit B.A.P. reverses the bankruptcy court's denial of the motion to reopen the bankruptcy case to avoid judicial liens.

Starting on February 18, 2021, Insys Liquidation Trust ("Insys Trust"), the liquidation trust appointed by the United States Bankruptcy Court for the District of Delaware to prosecute claims on...

The bankruptcy court stated that "while Madoff applies an expansive scope for a protected ‘securities contract,' the current record provides no factual basis to support the defendants' argument."

With only one day left in the 2016 legislative session—the legislature is scheduled to adjourn sine die on April 12—the General Assembly has passed, and the Governor signed, less than 30 of the 941 bills introduced—a success rate of only 3%.

From May 11 through May 17, Alfred Giuliano, the Chapter 7 Trustee for the bankruptcy estate of Leading Edge Logistics, LLC, filed approximately 86 complaints in preference action cases.

The Sixth Circuit B.A.P. reverses the bankruptcy court's finding that the mortgagee's claim should be reduced by the amount the mortgagee would have received under the Chapter 13 plan if it had filed a proof of claim.

In March 2012, we discussed proposed legislation in Michigan entitled the Nonrecourse Mortgage Loan Act.

In a 14 page decision, released December 16, 2015, Judge Gross of the Delaware Bankruptcy Court considered made a determination of British Virgin Islands law on limited partnerships.

Milbank, Tweed, Hadley & McCloy LLP recently secured a dismissal of an appeal seeking to undo the confirmed $1.2 billion chapter 11 bankruptcy plans that its client JD Holdings, L.L.C...