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SDNY Bankruptcy Court Prohibits a Court Appointed Claims Agent from Selling Direct Access to Creditor Claims Register Data to XClaim

In a matter of first impression relating to an important bankruptcy claims administration issue, Judge Sean H. Lane of the United States Bankruptcy Court for the Southern District of New York, recently denied the ability of a court appointed claims agent to sell and profit from providing direct access to publicly available claims register information.  The unsuccessful purchaser of such information was XClaim Inc.

Cryptocurrency Hedge Fund Three Arrows Capital and Platform Voyager Digital Resort to Bankruptcy for Relief

The first week of July has brought with it a flurry of activity in the digital asset markets – but not the type of activity that investors in the space likely hoped for.

A 12-Point “Organizational Survival” Checklist for Upper Management

by Salene Mazur Kraemer, Esquire, MBA, Certified Turnaround Analyst, Board-Certified Business Bankruptcy Law Specialist

A LEG UP FOR EQUITY? Part I – Fraudulent Retention Claims[1]

Equity security holders[2] or investors [3] (“Equity Holders”) in debtor entities are usually

subordinated to creditors’ claims in bankruptcy cases.[4] This need not always be the case.

Two conditions exist where Equity Holders’ claims may be equal or superior to general

How Can Texans Celebrate Earth Day?

Happy Earth Day, Texans! Texas is a beautiful state that we are lucky to call ‘home’. In order to protect our wonderful home, we need to make sure it is clean & taken care of.

Below are ways that Texans can do their part to help keep our home clean, both on Earth Day AND all year long.

 

Earth Day Celebrations

Earth Day Texas – Dallas

When: April 22-24, 2022

Where: Kay Bailey Hutchison Convention Center

Time: 10 am – 6 pm

Concluding Insolvency Yields Inadequate Fraudulent Conveyance Claims

The ability to “clawback”[2] fraudulent transfers is an ancient,[3] but reliable, tool in
bankruptcy trustees’ armories.

Do Bankruptcy Settlements (Fed.R.Bankr.P. 9019) On Appeal Get The Same Protections (11 U.S.C. § 363(m)) As Bankruptcy Sales (11 U.S.C. § 363(b)) On Appeal? [1]

Bankruptcy cases frequently have transfers of the bankruptcy estate’s property through court- approved sales.[2] Sometimes those sales are challenged.[3] Often those challenges are overruled.[4] Sometimes the order approving the sale is appealed…

In a Maryland car accident do you have to go to the Hospital within 72 hours?

Very often new clients ask me if they have to go to the  Hospital or doctor within 72 hours.  Apparently, people are told by the officer responding to the accident that they won’t be able to pursue a claim for personal injuries if they do not see a doctor in 3 days of the accident.  This is totally wrong.  Do not suffer in silence, but do not assume that you cannot proceed with a claim because of this “3 day” rule.  Even if you do not go to a physician within a week of the accident, you can proceed.  I have settled cases successfully where a client did not trea

I’M BACK IN TIMONIUM! HERE IS MY NEW ADDRESS- 9515 DEERECO RD, STE 407, TIMONIUM MD 21093

Although I enjoyed associating with the law firm Silverman/Thompson/Slutkin/White, it was time to return to Timonium- my clients did not want to go downtown anymore & they certainly did not want to pay for parking.  I always have tried to be accessible to clients- being available after regular business hours, having a 24 hour return phone call policy, meeting with clients on weekends as necessary.  Now I have free parking right in front of the building, covered parking for inclement weather and I am right off the expressway (I-83 North, Padonia Road exit).  Come see me &a