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Assignee’s pre- and post-petition attorney fees are compensable in a Chapter 7 bankruptcy
  • Thompson Coburn LLP
  • USA
  • June 19 2018

In a recent Chapter 11 case and subsequent Chapter 7 case, Judge Timothy Barnes of the N.D. of Illinois allowed counsel for an assignee (“Assignee”

Are You Caught in the Storm?: What Bankruptcy Trustees Need to Know About Hurricane Claims
  • Berger Singerman LLP
  • USA
  • June 18 2018

On the heels of last year’s Hurricane Irma, everyone is mindful about the upcoming 2018 hurricane season. Last year, Hurricane Irma hit Florida and

U.S. Supreme Court Holds that Debtor’s False Oral Statement Concerning Single Asset Does not Provide Basis for Non-dischargeability Action
  • Foster Swift Collins & Smith PC
  • USA
  • June 14 2018

On June 4, 2018, the U.S. Supreme Court decided the case of Lamar, Archer & Cofrin, LLP v. Appling, No. 16-1215, which dealt with the dischargeability

Enforcement of loans, guarantees and security documentation in Finland
  • Waselius & Wist
  • Finland, Global
  • June 8 2018

A structured guide to enforcement of loans, guarantees and security documentation in Finland

Fourth Circuit Upholds Bank’s Disclaimer of Liability
  • FisherBroyles LLP
  • USA
  • June 7 2018

Banks regularly enter into commercial relationships with their customers such as opening new depository accounts. These relationships are often

Get It in Writing
  • McCarter & English LLP
  • USA
  • June 7 2018

As any financial or legal professional will advise, a promise, representation or agreement should be in writing. This sound advice applies equally in

Alert: False Statement about One Asset does not Prevent Bankruptcy Discharge if Statement is not in Writing
  • Briggs and Morgan
  • USA
  • June 5 2018

Under section 523(a)(2)(B) of the Bankruptcy Code, a debtor can discharge a debt obtained by a false statement "respecting the debtor's financial

9th Cir. Holds Party With Pecuniary Interest Has Standing to Appeal Bankruptcy Order
  • Maurice Wutscher LLP
  • USA
  • June 1 2018

The U.S. Court of Appeals for the Ninth Circuit held that a party with a pecuniary interest affected by a bankruptcy court order satisfies the “person

Using Trusts to Protect Assets in Bankruptcy
  • Nelson Mullins Riley & Scarborough LLP
  • USA
  • May 30 2018

In In re Blasingame, 2018 WL 2084789 (B.A.P. 6th Cir. May 3, 2018), the Sixth Circuit Bankruptcy Appellate Panel demonstrates that trusts can be used

Can Golden Shares Block a Bankruptcy Filing?
  • FisherBroyles LLP
  • USA
  • May 24 2018

The term “golden shares” is often referred to equity interests held by a specific partycommonly a lender or investorthat authorize such party to