June 27, 2025
Debtor Granted Absolution for a 10-Day Delay in Serving a $40 Million Preference Suit
Although there wasn’t ‘good cause’ to excuse late service of a summons and complaint, the bankruptcy court salvaged a large preference by exercising discretion and granting a 10-day expansion of the 90-day deadline.
2nd Circuit, New York, New York Southern DistrictJune 12, 2025
No Stay Pending Appeal on Nondebtor Opt-Out Releases in a Chapter 11 Plan
The debtor agreed not to raise equitable mootness on an appeal only challenging nondebtor opt-out releases.
2nd Circuit, New York, New York Southern DistrictJune 11, 2025
U.S. Incorporated Subsidiaries ‘Likely’ Have Chapter 15 COMI in Canada, Not the U.S.
U.S. subsidiaries of a Canadian parent were under the control of a Canadian receiver, switching COMI from the U.S. to Canada.
2nd Circuit, New York, New York Southern DistrictJune 09, 2025
In Setting Aside a Tax-Lien Foreclosure, a Hypothetical Gave Standing to the Debtor
If state law prohibits assertion of the homestead exemption in tax foreclosure and the debtor can’t take federal exemptions, does the debtor lack standing to set aside a fraudulent transfer?
2nd Circuit, New York, New York Eastern DistrictMay 28, 2025
Opting Out Is Consent for Nondebtor Chapter 11 Releases, New York Judge Says
Another bankruptcy court in New York holds that the ability to opt out of nondebtor releases represents consent after Purdue.
2nd Circuit, New York, New York Southern DistrictMay 23, 2025
After Purdue, Two Courts Still Permit Broad Nonconsensual Releases in ‘15’
Bankruptcy courts in New York and Delaware believe that Purdue did not change the law and that nondebtor releases and exculpations are still permissible in chapter 15 cases.
2nd Circuit, New York, New York Southern DistrictApril 15, 2025
Plan Confirmation Denied for Too Little Post-Confirmation Supervision by the Court
Bankruptcy Judge Littlefield insisted on supervision of post-confirmation legal fees when there was to be a ‘litany of litigation’ after confirmation.
2nd Circuit, New York, New York Northern DistrictApril 10, 2025
Foreign Main Recognition in Chapter 15 Is Easy When No One Objects
Because all affected creditors were unanimous in support, Judge Michael Wiles didn’t agonize over whether the debtor actually had its center of main interests in the U.K.
2nd Circuit, New York, New York Southern DistrictApril 02, 2025
A Contempt Sanction Is Not a ‘Money Judgment’ and Doesn’t Require Writ of Execution
A contempt sanction upholds the integrity of the court and doesn’t invoke Rule 69(a).
2nd Circuit, New York, New York Southern DistrictMarch 21, 2025
Courts Divided on Broad or Narrow Grounds for Transferring Venue Under Section 1412
Some courts don’t transfer venue under 28 U.S.C. § 1412 if the claims are only ‘related to’ the bankruptcy and don’t arise in the bankruptcy case or arise under the Bankruptcy Code.
2nd Circuit, New York, New York Western DistrictPagination
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- …
- Next › Next page
- Last » Last page