On September 19, 2019, a bill was introduced in the House of Representatives to amend Title 28 of the United States Code, to modify venue...
A new legislative attempt to move bankruptcy cases out of Delaware
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Industry News
Supreme Court to decide whether “discovery rule” applies to toll FDCPA limitations period
In October, the Supreme Court is scheduled to hear oral arguments on the issue of whether the “discovery rule” applies to toll the...
Massachusetts Judge rules reaffirmation agreement not required for lease assumption
U.S. Bankruptcy Judge Melvin S. Hoffman of the District of Massachusetts ruled a Chapter 7 debtor’s assumption of a personal property...
Debtor not precluded from claiming homestead exemption on trailer that violated county ordinance
The Eleventh Circuit Court of Appeals recently affirmed a lower court’s rulings that a Chapter 13 debtor’s trailer located on agricultural...
Massachusetts court holds trustee can challenge transfers up to ten years old
In Chapter 7 bankruptcy cases, the trustee is empowered to take back money or property that was improperly removed by the debtor before...
Is Forever 21 the next major mall retailer preparing for bankruptcy?
During the last 12 months, the retail sector has already seen bankruptcy filings spike, with major retailers in a variety of sub-sectors...
Four new bankruptcy bills signed into law in August 2019
On August 23, four new bankruptcy bills were signed into law by President Trump. First, the Small Business Reorganization Act of 2019,...
Blink-182, Kendall Jenner, and Others Sued By Fyre Festival Bankruptcy Trustee
It’s been two years since the famous fiasco known as Fyre Festival lured thousands of people to the Bahamas with the promise of a stacked...
In the Fourth Circuit lawsuit not precluded by debtor’s failure to disclose claim
U.S. Circuit Court Judge Pamela Harris wrote for a unanimous panel in Martineau v. Wier et al., and found that the district court erred by...
Subscription box service Loot Crate files Chapter 11 bankruptcy
In the online shopping world, subscription box services have exploded in popularity selling everything from personalized toys and treats...
U.S. coal company files for bankruptcy
Cloud Peak Energy, one of the United States’ coal giants, filed for Chapter 11 bankruptcy after quarterly financial filings revealed major...
Celebrity Chef Jamie Oliver’s UK restaurants declare bankruptcy
Twenty-two of Oliver's twenty-five restaurants will close and roughly 1,000 employees will lose their jobs years after the restaurant...
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