On June 21, 2022, President Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act into law. As we reported here, the Bankruptcy Corrections Act revived the $7.5 million ...
Businesses in financial distress have multiple options to consider when attempting to reorganize or liquidate. A state court receivership or Chapter 7 Bankruptcy are likely options for liquidation ...
Thousands of businesses may see one of their options to shed debt closed off in the coming weeks. Small businesses will be left without a useful Covid-era bankruptcy tool when it expires in the coming ...
In a matter of first impression not yet addressed by any circuit court, the U.S. Court of Appeals for the Fourth Circuit in the case of Cantwell-Cleary v. Cleary Packaging (In re Cleary Packaging), 36 ...
Creditors navigating the challenges of Subchapter V bankruptcy proceedings must understand their rights, strategies for protecting their interests, and remedies for addressing debtor misconduct.
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