Skip to main content

July 7 - Members and Subscribers - Welcome to the new and improved abi.org! - If you have not already done so, please reset your ABI password to access the site. Click "Login" and then "Forgot Password"

ABI Journal

Asset Sales

Buyk’s Chapter 11 Filing Highlights Industry-Wide Exposure to Knock-On Effects from Russian Sanctions

So-called “ultra-high-speed” delivery (UHSD) companies were a staple of the early pandemic metropolitan lifestyle. Apps and services like GoPuff and Instacart offered to have anything from diapers and detergent to cigarettes and beer sitting on your doorstep in 15 minutes or less. Even better, these delivery services minimized customers’ exposure to other risk vectors (read: people) and assisted with effective quarantining. Consequently, the demand for and value of these services exploded overnight. In 2021, InstaCart was valued at $39 billion.

Executive Order on Digital Assets

Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans — approximately 40 million people — have invested in, traded, or used cryptocurrencies.” — White House Fact Sheet.

Constructive Notice Won’t Save a Sale Under 363(m) Absent Actual Notice, Seventh Circuit Says

To be a good faith purchaser under Section 363(m), a purchaser must be given actual notice to those with an interest in the property. Constructive notice won’t suffice.

Thursday, April 7, 2022
Please note that in order to view the content for the Bankruptcy Headlines you must login with the link at the top if you are already an ABI member, or otherwise you may Become an ABI Member

Debtors Get Mortgage Interest Deduction They Didn’t Pay in a Short Sale

For those entitled to the mortgage interest deduction, debtors may have unexpected tax benefits from short sales.

Monday, March 7, 2022
Please note that in order to view the content for the Bankruptcy Headlines you must login with the link at the top if you are already an ABI member, or otherwise you may Become an ABI Member