August, 2021

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The Best Homeowners Insurance in Georgia for 2021

Nerd Wallet

NerdWallet analyzed rates from 11 different insurers in the state to determine the best homeowners insurance in Georgia. The article The Best Homeowners Insurance in Georgia for 2021 originally appeared on NerdWallet. A typical annual premium in the Peach State is $1,599, just slightly higher than the national average of $1,585.

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Bankruptcy Rates in California

Direct Recovery

California had more bankruptcy filings than any other state in 2021 through May. As of May, 87% of the bankruptcies filed in California in 2021 were chapter 7 bankruptcies, and that number works out to over 16,000 cases. Chapter 11 Bankruptcy Rates in California. This is the most common chapter for individuals.

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Burr & Forman Grows Jacksonville Office with Addition of Former City General Counsel Jason Gabriel

Burr Forman

AUGUST 16, 2021 – Burr & Forman LLP announces the addition of Jason R. Gabriel joins the firm’s land use and real estate practice group after 11 years at the City of Jacksonville, serving as General Counsel to the entire consolidated City government for the past 7 years. JACKSONVILLE, FLA.

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When Potentially Violating “Gatekeeping” Orders, Asking for Permission May Be Easier (And Cheaper!) Than Begging for Forgiveness

PBWT

Entities related to the former CEO brought suit against Highland (the debtor in a Chapter 11 bankruptcy proceeding), and sought leave from the district court to add Highland’s replacement CEO as a defendant. On February 22, 2021, Judge Jernigan approved Highland’s Chapter 11 plan. 4, 2021). [2]

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Above-Board: Officers of a Corporation Not Entitled to Key Employee Retention Plan Payments

PBWT

20-cv-5006, 2021 WL 2887708, at *6 (S.D.N.Y. July 9, 2021). In April 2020, LSC filed for chapter 11. The 11 employees in the top two tiers would receive up to $1.8 July 9, 2021). ” In re LSC Communications Inc. Harrington v. LSC Communications Inc. ” Id. at *7 (S.D.N.Y. ” Id.

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Equitable Mootness on the Ropes

PBWT

Numerous Chapter 11 plan confirmation appeals have been dismissed when, even though effective relief could conceivably be fashioned, implementation of that relief would be inequitable. 5, 2021)(“ VeroBlue ”). at 11-12 (emphasis in original; internal citations and quotations omitted). [5] from the $13.5 ” Id. [4]

Debtor 65
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CFPB Servicing Rule Aims to Stave Off Another Foreclosure Crisis – American Banker

Burr Forman

Nicholas Agnello was quoted in an August 11, 2021 article for American Banker discussing a new mortgage servicing rule from the Consumer Financial Protection Bureau (CFPB) going into effect August 31 to help servicers navigate a potential flood of defaults and modification requests as foreclosure moratoriums expire and forbearance plans begin expiring (..)