JD Supra

When values become stale: valuation of collateral in bankruptcy proceedings – In re S-Tek 1, LLC, a case study

The Bankruptcy Code contemplates the valuation of a secured creditor’s collateral for a variety of purposes at different stages of a bankruptcy case. While title 11 of the United States Code (the ...
JD Supra

Secured Creditor's "Net Economic Damages" Estimate of Disputed Claims "Plainly Insufficient" to Establish Collateral Value

Valuation is a critical and indispensable part of the bankruptcy process. How collateral and other estate assets (and even creditor claims) are valued will determine a wide range of issues, from a ...
Law

Lessons From the Bench: Drafting Municipal Bond Documents

Lawrence A. Larose and Samuel S. Kohn, partners at Winston & Strawn, write: On April 26, 2010, Judge Bruce Markell of the Bankruptcy Court for the District of Nevada issued an extraordinary opinion ...
The Business Journals

SBA faces a billion-dollar EIDL collateral problem. It's asking companies in bankruptcy to aid the effort.

The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...
Law

Collateral Descriptions and Blanket Liens: Is the Kitchen Sink Enough?

Blanket or “all assets” security interests are among the most common, if not the most common, type of lien required of borrowers by secured lenders in commercial transactions. Describing the ...