Post Purdue Pharma: Texas Bankruptcy Court Confirms Chapter 11 Plan With Opt-Out Procedure for Third-Party Releases
On August 16, 2024, Judge Christopher Lopez of the United States Bankruptcy Court for the Southern District of...
Florida Bankruptcy Court Finds Bird Scooter Releases Do Not Run Afoul Of Purdue Pharma
On August 2, 2024, the U.S. Bankruptcy Court for the Southern District of Florida (“Bankruptcy Court”) entered an...
Giuliani Bankruptcy Saga Concludes
In my July 22 post titled, Giuliani Bankruptcy Case Drama Continues, I reported on the memorandum decision entered...
The Gateway Pundit Bankruptcy Dismissed as Bad Faith Filing
On July 25, 2024, Judge Mindy A. Mora of the United States Bankruptcy Court for the Southern District...
Debt Purchaser Sanctioned for Violating Discharge Injunction
A bankruptcy judge in the Southern District of Florida has determined that “merely selling a debt to another...
Bankruptcy & Insolvency: Bankruptcy Courts report 13% increase in bankruptcies.
According to a report published on the United State Courts website on October 26, 2023, which can be...
Bankruptcy & Insolvency: What is an assignment for the benefit of creditors?
An assignment for the benefit of creditors (ABC) is a legal proceeding under state law by which a...
Bankruptcy & Insolvency: What is a Zombie Company?
Anyone who has watched a horror film in the last 30 years is familiar with the concept of...