News & Analysis as of

Bankruptcy Mergers & Acquisitions Commercial Real Estate

Read Bankruptcy Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

Fraudulent Transfer Avoidance Recovery Not Limited to Total Amount of Creditor Claims

by Jones Day on

Courts disagree as to whether the amount that a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP") can recover in fraudulent transfer avoidance litigation should be capped at the total amount of unsecured claims...more

Technology Law Newsletter

by Buchalter on

As this election year draws to a close, forecasting the future is a topic of discussion, not only in political circles, but in technology circles as well. To chart the best way forward, it is important to understand...more

Expression of interest form

by F. Paolo Porcari on

Distressed assets - South Italy - Factory for the production of furniture (sofas) - the form can be filled and sent to express interest to buy the entire asset - opportunities for public funds - further information at...more

In re Borders Group, Inc.

Notice of Cancellation of Auction, Bid for 30 Stores

by Randall Reese on

Borders Group (BGPIQ) Discloses Offer For Inventory & Leases for Approximately 30 Stores; Auction Still Cancelled In its court filing this afternoon formally announcing the cancellation of tomorrow's auction, Borders...more

Borders Group (BGPIQ.PK) Cancels Auction, Appears to Give Up Hope of Going Concern Sale

by Randall Reese on

Borders Group, Inc. (BGPIQ.PK) announced this afternoon that "it did not require" the auction which was scheduled for tomorrow afternoon because it did not receive a "formal proposal from a going concern bidder." The company...more

Stellar GT TIC LLC (a.k.a. The Georgian, 8750 Georgia Avenue, Silver Spring, Maryland)

Voluntary Chapter 11 Bankruptcy Petition

by Randall Reese on

Embedded below is a copy of the chapter 11 bankruptcy petition of Stellar GT TIC LLC, the partial owner of an 891-unit multi-family high rise property (consisting of two 14-story apartment buildings) located at 8750 Georgia...more

Borders Responds to Creditors' Committee Objection, Says Terminating Exclusivity Now Could "Disturb the Sale Process and Scare...

by Randall Reese on

Borders Group, Inc. filed a reply in support of its motion to extend its exclusive periods to file and solicit acceptances of a plan of reorganization. The reply is focused primarily on responding to the objection filed by...more

Judge Urges Hotel to file for Bankruptcy

Last week US Supreme Court judge Richard C. Kloch Sr. urged the owners of Barton Hill Hotel to file for bankruptcy. However, the hotel’s attorneys say that they are fighting to prevent that by getting a major hotelier to buy...more

Longoria’s Beso Restaurant files for Bankruptcy

Beso Restaurant in CityCenter, Las Vegas, partly owned by Eva Longoria, has filed for Chapter 11 reorganization bankruptcy. In bankruptcy papers filed in bankruptcy court in Las Vegas, the restaurant listed debts of almost...more

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