Blog
News and updates from Thomas H. Curran Associates.
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...
Lack of a third petitioning creditor leads First Circuit to reject “special circumstances” exception
The First Circuit Court of Appeals panel affirmed the decision of the U.S. Bankruptcy Court for the District of Puerto Rico to dismiss an...
Supreme Court hears arguments on post-bankruptcy debt collection penalties
On April 24, 2019, the Supreme Court heard arguments on whether creditors may be penalized for their good faith attempts to collect...
Supreme Court holds other party retains its rights when debtor “rejects” contract in bankruptcy
On May 20, 2019, the Supreme Court held that a debtor’s rejection of an executory contract under Section 365 of the Bankruptcy Code has...
Oregon woman cannot use bankruptcy because of federal marijuana ban according to Justice Department
The US Justice Department said that a woman who works for a staffing agency that recruits employees for the marijuana industry cannot use...
Thomas H. Curran Associates participates in Massachusetts Fallen Heroes Patriot Patio Flag Installation
On Friday, May 17th Thomas H. Curran Associates proudly volunteered in The Massachusetts Fallen Heroes Patriot Patio Flag Installation...
Borrowers’ lawsuit not barred by tribal sovereign immunity
In Gingras v. Think Finance, Inc., 2019 WL 1780951 (C.A.2-Vt.), borrowers in Vermont accused individuals and businesses owned by a Native...
Southern District of New York finds “safe harbor” defense to fraudulent transfers protects payments to shareholders in securities transactions
In In re Tribune Company Fraudulent Conveyance Litigation, No. 11md2296 (S.D.N.Y. Apr. 23, 2019), the U.S. District Court for the Southern...
LuLaRoe landing some sellers in bankruptcy
A new report published by the Connecticut-based watchdog, Truth in Advertising (TINA), found over one hundred consultants of LuLaRoe’s...
Experian faces class action alleging it keeps canceled student loan debt on credit reports
The credit bureau, Experian, is facing a lawsuit that alleges the improper reporting of thousands of borrowers, whose student loans were...
Cannabis companies get a partial victory in the Ninth Circuit
In the Garvin v. Cook Investments, NW, SPNYW case, the Ninth Circuit rejected a U.S. Trustee’s argument that a confirmation of a plan of...
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