Bankruptcy, Debtor and Manufacturing - Creditor Collections Today

Bankruptcy Court Won’t Dabble in Case Concerning a Marijuana Business

PBWT

FEBRUARY 10, 2022

“[E]nsnared between his involvement in a business that is legal under the laws of Arizona but illegal under federal law,” one debtor’s chapter 13 petition was recently dismissed due to his undisputed violations of the Controlled Substances Act. Bankruptcy Court for the District of Arizona. LEXIS 256 (D.

Bankruptcy

Bankruptcy Manufacturing Debtor Retail

Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Collection Industry News

AUGUST 1, 2023

Our comprehensive services cater to businesses dealing with debtor companies or surplus inventory. Case Study: Machinery and Equipment Liquidation At Dudley Resources, we understand the urgency businesses face when dealing with debtor companies and the need for rapid machinery and equipment liquidation.

Debtor

Debtor Retail Startups Manufacturing

Releases: How Did We Get Here and What is Next?

PBWT

MARCH 28, 2022

As a result of Purdue Pharma’s proposed plan of reorganization, and the ongoing opioid epidemic that continues to grip the nation, the debate over non-consensual third-party releases has gone mainstream despite being a popular tool for debtors for decades. 2015) (upholding bankruptcy ruling approving third-party releases).

Debtor

Debtor Bankruptcy Manufacturing Retail

Burr’s Derek Meek and Mike Hall Named to Lawdragon’s Inaugural Leading Bankruptcy Lawyers List

Burr Forman

AUGUST 10, 2020

Bankruptcy and Restructuring Lawyers. Derek is the chair of the firm’s Creditors’ Rights and Bankruptcy practice group and a Fellow in the American College of Bankruptcy. Mike is also a partner in the firm’s Creditors’ Rights and Bankruptcy Practice Group.

Lawyers

Lawyers Bankruptcy Collateral Manufacturing

Regulatory Exception to Automatic Stay Allows Court to Hear Antitrust Case

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Endo Pharmaceuticals (“Endo”) develops, manufactures, markets, and distributes prescription pharmaceutical products. Endo filed a notice of suggestion of bankruptcy and automatic stay of proceedings in the D.C. Kathleen Gatti St.

Bankruptcy

Bankruptcy Manufacturing Debtor Government

Electricity is not a “Good” Under 11 U.S.C. § 503(b)(9)

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Under section 503(b) of Title 11 of the United States Code (“Bankruptcy Code”), allowed administrative expenses have priority status in receiving distributions from the bankruptcy estate. [1] Zhiqian Ke St. 2] In PacifiCorp v.

Bankruptcy

Bankruptcy Debtor Manufacturing

In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

MAY 21, 2019

After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Chicago American Manufacturing, LLC , 686 F.3d A rejection breaches a contract but does not rescind it.

Bankruptcy

Bankruptcy Debtor Manufacturing Law Firms

Rejection Time: On February 20th The Supreme Court Hears Oral Argument On The Big Question In The Tempnology Case — Does A Trademark Licensee Lose Its Rights Upon Rejection?

In the Red

FEBRUARY 13, 2019

What is the effect of rejection of a trademark license by a debtor-licensor? The case has gone from the bankruptcy court , to the Bankruptcy Appellate Panel , and then to the First Circuit. Chicago American Manufacturing, LLC , 686 F.3d The Big Question. 3d 382 (7th Cir. The Supreme Court Briefs.

Bankruptcy

Bankruptcy Debtor Manufacturing Trade

Throwing Shade At Sunbeam: Following Lubrizol And Not The Seventh Circuit, The First Circuit Leaves Another Trademark Licensee Rejected And Out Of Luck

In the Red

JANUARY 22, 2018

When it comes to decisions on bankruptcy and trademark licenses, the In re Tempnology LLC bankruptcy case is the gift that keeps on giving. Following Tempnology’s rejection of an agreement containing a trademark licensee, the New Hampshire Bankruptcy Court ruled that the licensee could no longer use the licensed trademarks.

Bankruptcy

Bankruptcy Debtor Manufacturing Trade

JUST IN TIME: NEW BANKRUPTCY RELIEF FOR SMALL BUSINESSES – NEW YORK LAW JOURNAL

Collection Industry News

SEPTEMBER 29, 2020

Just in Time: New Bankruptcy Relief for Small Businesses. million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. million of third-party debt is set to expire early 2021. By Jerrold L.

Bankruptcy

Bankruptcy Creditors Debtor Lawyers

New Court Ruling on Whether Avoidance Powers Require Benefit to Creditors

PBWT

JULY 20, 2021

The Bankruptcy Code grants the power to avoid certain transactions to a bankruptcy trustee or debtor-in-possession. In a recent decision, the United States Bankruptcy Court for the District of New Mexico addressed this question, concluding, in the face of a split of authority, that there was such a requirement.

Creditors

Creditors Bankruptcy Debtor Manufacturing

Trademark Licensees Take Note: The Supreme Court Might Review The Tempnology Decision — And Whether A Licensee Can Keep Trademark Rights After Rejection

In the Red

AUGUST 2, 2018

The twists and turns of the In re Tempnology LLC bankruptcy case have been a frequent subject on this blog for good reason. The case addresses whether a trademark licensee, whose licensor files bankruptcy and rejects the license agreement, retains any rights to use the trademark — or instead is out of luck. A Wild Ride.

Bankruptcy

Bankruptcy Debtor Manufacturing Trade

Considerations When Closing a Small Business with PPP or EIDL Debt

Jimerson Firm

MAY 5, 2021

Certain entities facing ongoing financial hardship will chose to seek Chapter 11 or other bankruptcy protection, and while PPP loan and Coronavirus-related EIDL generally are forgivable, exactly how such loan default will be treated through reorganization is the subject of much current litigation and has yet to be fully determined.

Collateral

Collateral Loans Government Debtor

Supreme Court Expands Creditors’ by Allowing Denial of a Discharge Under Sec. 523(a)(2)(A) if Debtor Transfers Assets in Violation of State Fraudulent Transfer Statute

The Creditors Rights

JUNE 21, 2016

Section 523(a)(2)(A) of the Bankruptcy Code allows a creditor to obtain a judgment denying its debtor a discharge of debts incurred by false pretenses or actual fraud. Chrysalis Manufacturing Corp. Congress added the term “actual fraud” when it enacted the Bankruptcy Code in 1978. Ritz , 2016 WL 2842452 (2016).

Creditors

Creditors Debtor Bankruptcy Manufacturing

Burr & Forman Names Eight New Partners Across Five Offices

Burr Forman

JANUARY 7, 2022

Meryl Cowan is a member of the firm’s Labor & Employment group where she represents employers, manufacturers, and companies in all aspects of general employment, labor, and employment discrimination law.

Bankruptcy

Bankruptcy Creditors Secured Creditor Manufacturing

Burr & Forman Names 9 New Partners Across Georgia, Alabama, South Carolina and Florida

Burr Forman

JANUARY 7, 2021

Hanna Lahr practices in the firm’s Creditors’ Rights & Bankruptcy group. Hanna’s practice focuses on representing creditors and debtors, both in and out of court, to, among other things, enforce and/or restructure debt obligations, including through the bankruptcy process. Birmingham. Jacksonville.

Manufacturing

Manufacturing Bankruptcy Acquisition Creditors

Creditor Collections Today

Bankruptcy Court Won’t Dabble in Case Concerning a Marijuana Business

Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Trending Sources

Releases: How Did We Get Here and What is Next?

Burr’s Derek Meek and Mike Hall Named to Lawdragon’s Inaugural Leading Bankruptcy Lawyers List

Regulatory Exception to Automatic Stay Allows Court to Hear Antitrust Case

Electricity is not a “Good” Under 11 U.S.C. § 503(b)(9)

In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

Rejection Time: On February 20th The Supreme Court Hears Oral Argument On The Big Question In The Tempnology Case — Does A Trademark Licensee Lose Its Rights Upon Rejection?

Throwing Shade At Sunbeam: Following Lubrizol And Not The Seventh Circuit, The First Circuit Leaves Another Trademark Licensee Rejected And Out Of Luck

JUST IN TIME: NEW BANKRUPTCY RELIEF FOR SMALL BUSINESSES – NEW YORK LAW JOURNAL

New Court Ruling on Whether Avoidance Powers Require Benefit to Creditors

Trademark Licensees Take Note: The Supreme Court Might Review The Tempnology Decision — And Whether A Licensee Can Keep Trademark Rights After Rejection

Considerations When Closing a Small Business with PPP or EIDL Debt

Supreme Court Expands Creditors’ by Allowing Denial of a Discharge Under Sec. 523(a)(2)(A) if Debtor Transfers Assets in Violation of State Fraudulent Transfer Statute

Burr & Forman Names Eight New Partners Across Five Offices

Burr & Forman Names 9 New Partners Across Georgia, Alabama, South Carolina and Florida

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