On March 25, 2022, the United States Bankruptcy Court for the District of Delaware dismissed a complaint filed against a lender and other entities. An individual (and others) formerly in control of the bankrupt companies sued...more
When you take the trouble and expense to file a lawsuit, you hope to be paid after you obtain a judgment in your favor. However, the individual or entity against whom you obtained a judgment may have transferred assets to...more
Industry News -
Elon Musk Tells SpaceX Employees That Starship Engine Crisis Is Creating a ‘Risk of Bankruptcy'...
Aeroméxico files Amended Plan of Reorganization...more
11/30/2021
/ Bankruptcy Court ,
Boy Scouts ,
Chapter 11 ,
Commercial Bankruptcy ,
Elon Musk ,
Final Judgment ,
Judgment Debtors ,
Puerto Rico ,
Reorganizations ,
Restructuring ,
SpaceX
Industry News -
Washington Prime Group Announces Successful Completion of Financial Restructuring...
J&J is using a bankruptcy maneuver to block lawsuits over baby powder cancer claims...more
10/26/2021
/ Bankruptcy Court ,
Buyouts ,
Chapter 11 ,
Commercial Bankruptcy ,
Guitar Center ,
Hertz ,
Johnson & Johnson ,
Limited Liability Company (LLC) ,
Proposed Legislation ,
Public Policy ,
Restructuring
The Bankruptcy Court for the District of New Jersey dismissed a voluntary Chapter 11 petition of a Delaware LLC based on a provision in its LLC agreement that restricted the company’s authority to seek bankruptcy protection....more