Bankruptcy Law

By Jason D. Angelo The cost of a college and professional education has, as most attorneys know all too well, skyrocketed over the course of the past few decades. Some students graduate with tens or even hundreds of thousands of dollars in student loan debt.

In re Motors Liquidation Company, Case No. 15-2844 (2d Cir., July 13, 2016) By John Stoelker, Esq. In a decision that may threaten the reliability and enforceability of future bankruptcy sales, the U.S.

In re Sabine Oil & Gas Corp., 2016 WL 890299, __ B.R. __ (Bankr. S.D.N.Y. Mar. 8, 2016) By John Stoelker, Esq. While the recent decline in oil prices has led to better value at the pump for consumers, it has also resulted in a wave of bankruptcy filings among U.S.

1.  Wellness International Network Ltd. v.

In In re ICL Holding Co., Inc.[i], the Third Circuit Court of Appeals (the “Court”) addressed whether a bankruptcy sale and related settlement that resulted in (1) paying some administrative claimants (i.e. the case professionals) and not others (i.e.

A subcontractor still retains its right to sue the principals of a bankrupt general contractor for diversion of trust funds under New York law even when a bankruptcy trustee settles and releases causes of action against these same individuals on behalf of the bankruptcy estate.

In re WCI Communities, Inc., 2015 WL 4477696 (D. Del.

In re Jevic Holding Corp., 2015 WL 2403443, __ F.3d __ (3d Cir. May 21, 2015) Section 507’s Absolute Priority Rule always applies – or does it? After last month’s precedential opinion issued by the Third Circuit Court of Appeals, apparently that isn’t always the case.

MDM&C welcomes you to our Bankruptcy Blog where MDM&C’s Bankruptcy and Corporate Restructuring Group will highlight new and interesting cases and issues in the insolvency and restructuring world. Look forward to new posts every other Thursday.