Daily Business Review | Commentary
By Christina Paradowski | January 15, 2019
On Dec. 6, 2018, the U.S. Court of Appeals for the Eleventh Circuit held that a Chapter 13 plan stating that a secured debt will be paid directly to the creditor does not constitute the debt being “provided for” by the plan, and thereby precluding a discharge of that debt.
By Michael Washburn | January 14, 2019
A large corporate and litigation team is stepping in for an embattled client.
Daily Business Review | Profile
By Raychel Lean | January 11, 2019
There's never a dull day at Meland Russin & Budwick in Miami, where Budwick is charged with cleaning up the legal and financial mess left by Ponzi schemers nationwide.
By Brenda Sapino Jeffreys | January 10, 2019
A total of 29 oil patch companies—exploration and production companies—filed for bankruptcy in 2018, according to Haynes and Boone's Oil Patch Bankruptcy Monitor.
New York Law Journal | Analysis
By Carlos J. Cuevas | January 4, 2019
McKinsey is advising the FOMB on Puerto Rico's debt restructuring. After McKinsey was retained, it was revealed that McKinsey, through its affiliates, holds at least $20 million of Puerto Rico's debt. The fact that McKinsey is not disinterested has produced the appearance of a conflict of interest, which casts a specter of doubt on the legitimacy of Puerto Rico's bankruptcy case.
Connecticut Law Tribune | Analysis
By Carlos J. Cuevas | January 3, 2019
Rule 2016(b) requires a debtor's attorney to disclose the compensation that he or she has received or to disclose an agreement that he or she has made with a debtor concerning the attorney's compensation.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | January 3, 2019
Today we report on a case where a Chapter 7 trustee took the position that a 74-year-old man suffering from various illnesses, who was thrown in jail on a bench warrant and was told by deputy sheriffs “your body or your money,” voluntarily paid the bench warrant amount if the only other choice he was given was to remain in jail.
New York Law Journal | Analysis
By Edward E. Neiger | December 28, 2018
In this issue of the Bankruptcy Update, Edward E. Neiger focuses on recent restructurings in the pharmaceutical industry, including Aralez Pharmaceuticals, Egalet Corporation and Synergy Pharmaceuticals.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa, Jr. and Keri L. Wintle | December 27, 2018
In a matter of first impression within the U.S. Court of Appeals for the Second Circuit, the U.S. Bankruptcy Court for the Eastern District of New York recently rejected a preference defendant's request to apply a “hindsight analysis” in order to determine that a hypothetical preference waiver would have been granted in its favor.
Daily Business Review | Update
By Zach Schlein | December 26, 2018
By the time of his retirement the judge will have served on the Southern District of Florida's bankruptcy court for more than 25 years.
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