Is it a violation of the automatic stay for a competitor of a Chapter 11 Debtor to target the Debtor’s customers using false or misleading statements? U. S. District Court Judge Cathy Seibel of the Southern District of New...more
United States Bankruptcy Judge John E. Waites approved a sale of substantially all the assets of a small business Chapter 11 Debtor over the protests of a “Stalking Horse” bidder who claimed the successful bidder was acting...more
9/30/2020
/ Asset Purchase Agreements ,
Bad Faith ,
Bankruptcy Code ,
Chapter 11 ,
Coronavirus/COVID-19 ,
Good Faith ,
Motion To Reconsider ,
Motion To Stay ,
Small Business ,
Stalking Horse Bids ,
Third-Party
A recent case from the Bankruptcy Court for the District of South Carolina holds that filing a case “addressing residual business debt” is sufficient to meet the requirement of “engage[ment] in commercial or business...more
Should a company in Bankruptcy be eligible for a PPP Loan? A Texas Bankruptcy Judge says, “Yes.” Bankruptcy Judge David R. Jones from the Southern District of Texas ruled recently that so long as the company otherwise...more