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Chapter 11 Examiners

Polsinelli

Celsius Bankruptcy Case: February 2, 2023

Polsinelli on

As Celsius Network LLC, et al., Case Number: 22-10964 (MG), proceeds in the Bankruptcy Court for the Southern District of New York (the “Court”), the highly anticipated examiner report was released on January 31st....more

Lowenstein Sandler LLP

Congress Should Rewrite The Bankruptcy Examiner Mandate

Lowenstein Sandler LLP on

Originally enacted in 1978, and largely unmodified since, Section 1104(c)(2) of the Bankruptcy Code mandates the appointment of an examiner when a debtor has over $5 million of unsecured debt. Today, that threshold is...more

BakerHostetler

The ABI Commission on Business Bankruptcy Reform: Providing Information and Fairness to Creditors

BakerHostetler on

Will Congress Finally Act? This is the fourth in a series of Alerts regarding the proposals made by the American Bankruptcy Institute Commission to Reform Chapter 11 Business Bankruptcies. We discuss here the Commission’s...more

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