Under the U.S. Bankruptcy Code as it currently exists, there are minimal protections for residents of a Continuing Care Retirement Community (CCRC) when a ...
Francis J. Lawall and Marcy J. McLaughlin of Pepper Hamilton. (Photo: Courtesy Photo) A debtors' ability to formulate a plan of reorganization under Chapter 11 of the Bankruptcy Code is one of its ...
While the recent Bankruptcy Code amendments allow small business debtors to extend their deferral of lease obligations beyond the first 60 days of the bankruptcy case, the amendments raise and leave ...
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) such as introduction of group insolvency, cross-border ...
Carlos J. Cuevas[/caption] When a debtor files a bankruptcy case the automatic stay arises immediately. 11 U.S.C. §362(a); Rexnord Holdings v. Bidermann, 21 F.3d 522, 527 (2d Cir. 1994). The U.S.
Saks Global could file for Chapter 11 in order to buy time, secure liquidity, and gain room to maneuver to redefine its ...
On June 15, 2023, the U.S. Supreme Court ruled that the Bankruptcy Code barred an Indian tribe’s attempts to collect on a defaulted debt from a Chapter 13 debtor. In Lac du Flambeau Band of Lake ...
Qurate Retail has a 9.99% to 50% chance of filing bankruptcy within the next 12 months based on FRISK scoring. The preferred stock has a current yield of over 40% based on the closing price on October ...
Madras High Court held that in terms of provisions of section 32A of the Insolvency and Bankruptcy Code 2016 no action shall be taken against the property of the corporate debtor in relation to an ...
The Bankruptcy Code Is Stacked Against Black Families. Elizabeth Warren’s New Bill Would Change That
Bankruptcy offers an exit route for families and businesses trapped by debt. In 2019, Forever 21, Barneys New York and Payless ShoeSource declared bankruptcy. Donald Trump’s businesses have declared ...
A defendant's decision to file for bankruptcy in the $54 million St. Clare's Hospital pension case forced the postponement of ...
Democratic presidential candidate Elizabeth Warren wants to change the way bankruptcy works in America. Warren’s plan would give everyday workers a better chance of getting severance when a company ...
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