ABI Blog Exchange

BG&A Clients Win BIG at NAB 2023

The NAB Show 2023 marked another significant milestone for innovation and excellence in broadcast and media technology. Among the many participants, two companies, represented by Bob Gold & Associates (BG&A), emerged as notable award winners

How Fast Can You File for Bankruptcy in Pennsylvania?

The timeframe of filing for bankruptcy, going through bankruptcy proceedings, and exiting bankruptcy is different for each debtor in Pennsylvania. Preparing a bankruptcy petition can take a few weeks. This is because debtors must gather considerable

April 2023 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of Ponzi scheme activity reported for April 2023. The good news is that the activity for Ponzi schemes was slightly lighter this month. But there were still 9 new Ponzi schemes and 2 guilty pleas

In re BlockFi Inc. April 19, 2023 bankruptcy court hearing audio recording, chapter 11 case number 22-19361

Here is a link to the publicly available hearing audio posted to the bankruptcy court docket: https://www.youtube.com/watch?v=zPVIlRX4U6w

Weekly News – April 28

First Republic teeters Binance deal collapses… Will crypto bankruptcies become forced cash liquidations over regulatory concerns? Federal Reserve criticizes itself on bank failures 5th Circuit takes on ‘Open Market Purchase’ decision Find it on Reorg

Bankruptcy Trustee Hearings Will Soon Be on Zoom

Bankruptcy Court Trustee Hearings Will Soon Be On Zoom Bankruptcy Trustee hearings are now telephonic. That started for the pandemic, effective April 9, 2020. They are moving to Zoom, soon. Associate Attorney General Vanita Gupta made that

Bankruptcy Trustee Hearings Will Soon Be on Zoom

Bankruptcy Court Trustee Hearings Will Soon Be On Zoom Bankruptcy Trustee hearings are now telephonic. That started for the pandemic, effective April 9, 2020. They are moving to Zoom, soon. Associate Attorney General Vanita Gupta made that

§ 363 Sales And Mootness On Appeal (U.S. Supreme Court)

By: Donald L Swanson Everyone knows by now that the U.S. Supreme Court recently declared the provisions of 11 U.S.C. § 363(m) to be NOT jurisdictional.[Fn. 1] Instead, § 363(m) is merely an important statutory directive.[Fn. 2] Mootness Issue What’s

Proposed “Made Available to Trade” Determination for SOFR and SONIA Swaps

On April 12, 2023, Tradeweb’s Swap Execution Facility, TW SEF LLC, filed a self-certification [1] for certain overnight index swaps (OIS) [2] referencing USD Secured Overnight Financing Rate (“SOFR”) or GBP Sterling Overnight Index Average (“SONIA”)

Commercial Chapter 11 Filings Rise 79% Y/Y in March

ABL Advisor's is reporting that new Chapter 11 bankruptcy filings increased by 79% in March 2023. The article can be found at https://www.abladvisor.com/news/36211/commercial-chapter-11-filings-ris… Jim Shenwick, Esq jshenwick@gmail

(UK) The Gloves are on for HMRC: What did we learn from the Great Annual Savings Sanction Hearing?

Yesterday saw the end of a three-day sanction hearing for the restructuring plan (the “Plan”) of the Great Annual Savings (GAS) company, with Justice Adam Johnson reserving his judgment and importantly, his decision on whether to exercise cross-class

5 House-Buying Myths Debunked

Making the decision to purchase a house can be momentous – a life-changing choice that fulfills a large part of the American dream to own property. Of course, this decision is not one that is made easily. Prior to closing on a home, you will need to

What Are Arizona’s Criminal Statutes Of Limitations?

What Are Arizona’s Criminal Statutes Oof Limitations? A statute of limitations, in a criminal offense context, is the amount of time that the prosecution has to bring charges against the accused. Statutes of limitations can vary from state to state

Calculation of Secured Claims

When I was a law student the rule I learned about secured claims was that they accrue post-petition interest and attorneys' fees (if provided for by contract or statute) up to the amount of the value of the collateral that...

When Claim Objection Must Go To Arbitration—And When Not: Defensive v. Offensive Deployment (Johnson v. S.A.I.L.)

By: Donald L Swanson It’s a defense v. offense distinction: Defense—An objection and counterclaim designed to diminish or zero-out a proof of claim in bankruptcy is not subject to arbitration; but Offense—An objection or counterclaim designed to do

Unique Issues Faced by Non-Profits in Bankruptcy

Unique Issues Faced by Non-Profits in Bankruptcy

MOAC Mall Holdings LLC v. Transform Holdco LLC – The US Supreme Court Unanimously Rules That Section 363(m) Is Not Jurisdictional

On April 19, 2023 the Supreme Court issued its unanimous ruling in MOAC Mall Holdings LLC v. Transform Holdco LLC, 528 U.S ____ (2023), holding that the limitations contained in section 363(m) of the United States Bankruptcy Code are not

In re Virgin Orbit Holdings, Inc. April 5, 2023 bankruptcy court hearing audio recording

Here is a link to the publicly available hearing audio posted to the bankruptcy court docket: https://youtu.be/Vl9w_1rXFyE

Bed Bath & Beyond email of Sunday morning to its customers with news the company has filed chapter 11 bankruptcy proceedings...

---------- Forwarded message --------- From: Bed Bath & Beyond Date: Sun, Apr 23, 2023 at 7:49 AM Subject: Important Update from Bed Bath & Beyond Inc. To Our Valued Customers: Earlier today, Bed Bath &