You represent a company that is in financial distress, and you need to help your client evaluate its options, including whether to file a prepackaged bankruptcy. READ NOW » Related Content Commencing a Prepackaged Bankruptcy Proceeding Read this practice...
On March 31, 2022, Ruby Pipeline, L.L.C. filed a bankruptcy petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The debtor is a midstream service provider and acts as a transporter of natural...
You need to prepare your client for the Section 341 meeting of creditors. Check out this video discussing key components in preparing for a Section 341 meeting of creditors. READ NOW » Related Content Section 341 Meeting Preparation (Chapter 11) Read...
Trustees play a vital role in most bankruptcy cases. Depending on the case, trustees may be appointed, elected, removed, terminated, or discharged. A trustee's responsibilities range from monitoring and supervising a debtor to taking control of a debtor's...
Your client received a letter demanding the return of millions in alleged preference payments. You need to reassure your client about the multitude of potential preference defenses. READ NOW » Related Content Preferences Review this practice note...
You represent a Chapter 11 debtor that is ready to start the confirmation process and are working on a plan that will hopefully be accepted by the debtor’s lenders and creditors and other parties in interest. The plan must also comply with complicated statutory...
Fraud or other misconduct is often an issue in a bankruptcy case. Fraud allegations against the debtor or insiders concern several areas of the Bankruptcy Code. Check out this resource kit for Practical Guidance materials on fraud in bankruptcy. READ NOW »...
We are all bogged down trying to keep track of everything in our personal and professional lives. We made things a little easier. Let us do the work when it comes to tracking new mega Chapter 11 bankruptcy filings. READ NOW » Related Content Chapter...
Read this practice note when you have meetings set up with your private equity and distressed debt investor clients and need to discuss loan to own transactions and advise them of their options. READ NOW » Related Content Market Trends 2021: Credit...
As we tackle this new year, we should remember the not-so-distant past. Check out this expertly-drafted article that looks back on 2021 bankruptcy cases and notable bankruptcy rulings. READ NOW » Related Content Another New York District Court Widens...
It has been a few years since the Supreme Court’s decision in the Mission Product case. Your client asks whether its exclusive rights to provide services to the debtor survives rejection of the underlying contract. You may remember reading about a decision...
In December, the District Court for the Southern District of New York found that the bankruptcy court erred in approving the third-party releases contained in the plan filed in the Purdue Pharma L.P.'s (Purdue) bankruptcy case. The district court is allowing...
Attorneys representing consumers in Chapters 7 and 13 must understand the differences between the chapters and ensure that everyone has equal access to both chapters under the Bankruptcy Code. READ NOW » Related Content Counseling a Consumer Client...
You represent various suppliers and creditors that want to protect their interests as they do business with distressed companies. You need to advise them of the steps they can take to protect themselves in case the distressed company files for bankruptcy. READ...
Are you looking for something new to watch? Check out this video on the Chapter 13 means test to understand if a consumer debtor should file for Chapter 7 or Chapter 13 of the Bankruptcy Code. READ NOW » Related Content Chapter 13 Bankruptcy Means...