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541

Restrictions on the Transfer of LLC Membership Interests: Are They Enforceable in Bankruptcy?

March 2023

Bankruptcy Code
11 U.S.C. § 365
541
Topic Tags
Asset Sales
Claims
Bankruptcy Litigation
Corporate Governance
Valuation
Business Reorganization

Supersized Eye on Bankruptcy with Bill Rochelle

Bankruptcy Code
1182
1191
1192
1194
1334(b)
524(g)
572
101
105
106
107
109
11 U.S.C. § 363(m)
586
327
330
348
363
365
502
503
506
507
523
524
526
528
547
726
1112
1123
1124
1129
1141
1226
1306
1325
1326
1327
1329
1501
1502
1506
1515
1516
1517
1520
1521
1522
362
541
544
Topics
Asset Sales
Automatic Stay
Claims
Executory Contracts/Leases
Fraudulent Transfers
Plan Confirmation
Professional Compensation/Fees
Venue/Jurisdiction
Discharge/Dischargeability
International Insolvency
Puerto Rico
Small Business

Links

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The Bankruptcy Code Doesn’t Invalidate Transfer Restrictions in an Operating Agreement

The transfer restrictions in an LLC’s operating agreement are enforceable in a bankruptcy sale, the Tenth Circuit BAP says.

10th Circuit

Domestic Asset-Protection Trusts: The Basics for Bankruptcy Professionals

Bankruptcy Code
541
548
Topics
Asset Sales
Automatic Stay
Consumer Bankruptcy

Links

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International Asset-Protection Trusts: Fish or Fowl?

Bankruptcy Code
301
302
303
727
541
548
Topics
Asset Sales
Consumer Bankruptcy
International Insolvency

Links

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How Fulton May Change Practice

Bankruptcy Code
301
302
303
542
546
554
725
1307
1325
362
541
Topics
Asset Sales
Automatic Stay
Consumer Bankruptcy
Consumer Debt

Links

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Great Debates: Student Loans

Bankruptcy Code
348
522
1306
1327
1322
541
Topics
Consumer Bankruptcy
Consumer Debt

Links

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Advanced Exemption-Planning Issues

Bankruptcy Code
522
727
541
544
548
Topics
Consumer Bankruptcy
Consumer Debt

Links

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Hot Topics with Bill Rochelle

Bankruptcy Code
1182
1192
1194
1334(b)
523(a)(6)
524(g)
548(a)(1)(A)
Section 106(a)
101
105
107
109
586
327
330
348
363
365
502
503
506
507
523
524
525
526
528
546
547
726
741
1112
1123
1124
1129
1141
1226
1306
1307
1325
1326
1327
1329
1501
1502
1517
1521
1522
362
541
544
548
Topics
Consumer Bankruptcy

Links

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Ninth Circuit Splits on Avoiding and Preserving a Lien on Exempt Property

The Ninth Circuit dissenter interpreted the statute to mean that the debtor must pay a tax lien twice if the lien was avoided and preserved.

9th Circuit
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