Business Bankruptcy Blog

Free Bankruptcy Research Tool Available Online

Bankruptcy professionals and the public rarely get a chance to read a judge's own research binder. Fortunately, however, Chief Judge Randall J. Newsome of the United States Bankruptcy Court for the...

Northern District of California Bankruptcy Court Local Rule Amendments Take Effect May 1, 2008

As previously reported, in August 2007 the Bankruptcy Court for the Northern District of California proposed amendments to the Bankruptcy Local Rules designed to implement the changes made by the...

What Happened At The Supreme Court Oral Argument In The Section 1146(a) Bankruptcy Transfer Tax Exem

On Wednesday, March 26, 2008, the United States Supreme Court heard oral argument in the case of Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc. A link to the transcript of the oral argument...

Trademark Licenses In Bankruptcy: New Developments In The N.C.P. Marketing Case

Last November I reported on the status of the Ninth Circuit appeal in In re: N.C.P. Marketing Group, Inc., a case addressing whether a debtor can assume a trademark license over the trademark...

Southern District Of New York Bankruptcy Court Proposes Amendments To Local Rules

The United States Bankruptcy Court for the Southern District of New York has announced proposed changes to its Local Bankruptcy Rules in light of the recent amendments to the Federal Rules of...

Assignments For The Benefit Of Creditors: Simple As ABC?

Companies in financial trouble are often forced to liquidate their assets to pay creditors. While a Chapter 11 bankruptcy sometimes makes the most sense, other times a Chapter 7 bankruptcy is...

North Of The Border: Reorganization Under Canada's Companies' Creditors Arrangement Act

With the enormous amount of business between the United States and Canada these days, it's little wonder that from time to time U.S. companies find themselves affected by a Canadian insolvency...

Bankruptcy Rule Amendments: New Article Reviews The Important Changes

An article my partner Adam Rogoff, associate Seth Van Aalten, and I wrote was recently published in the January 2008 issue of Pratt's Journal of Bankruptcy Law. The article discusses the...

New Article Examines Latest Deepening Insolvency Trends

For a number of years, the concept of deepening insolvency has been one of the more hotly debated issues in the insolvency arena. Two of my colleagues in the Bankruptcy & Restructuring group at...

Real Estate Workouts: Are Pre-Bankruptcy Waivers Of The Automatic Stay Enforceable?

This post examines a new decision from the Bankruptcy Court for the Southern District of Florida involving the enforceability of a pre-bankruptcy waiver of the automatic stay. Let's first set...