Across the country, the COVID-19 pandemic has significantly impacted the justice system. In many State and Federal courts, jury trials have been suspended and court hearings are limited to only criminal and emergency civil...more
Two 3rd Circuit courts issue recent decisions that significantly impact trade creditor claims in bankruptcy -
When the Bankruptcy Code was amended in 2005, Congress included a new protection for trade creditors who sell...more
In order to confirm a chapter 11 plan, at least one class of creditors whose claims are “impaired” must accept the plan. The concept of “impairment” is very broad. Under the Bankruptcy Code, a class of claims is impaired...more