Blog
News and updates from Thomas H. Curran Associates.
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...
Startup professional football league files for bankruptcy
The Alliance of American Football (AAF) filed for Chapter 7 bankruptcy after it failed to secure a partnership with the NFL. The league...
Fyre Fest bankruptcy trustee wants to subpoena Netflix and Hulu over documentary footage
The trustee overseeing the Fyre Festival bankruptcy has issued subpoenas to Netflix and Hulu while trying to determine if the “insider”...
U.S. Bankruptcy Court protects NFL players’ concussion settlements
United States District Court for the Southern District of Florida, upholds previous ruling by United States Bankruptcy Court, defined...
Recently proposed federal legislation would facilitate access to banking services by the cannabis industry
Lack of access to banking resources by cannabis-related businesses due to the continuing U.S. federal prohibition on marijuana use has for...
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Austin, TX 78726
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