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Bankruptcy Court Denies Quick Sale of Debtor's Assets It is now quite common that shortly after a Debtor files for Chapter 11 bankruptcy protection, it seeks court authorization to conduct a quick sale of substantially all of its assets outside of a plan of reorganization. Recently, in In re Exaeris... ( added 233 days 5 hours ago.)

Sixth Circuit Denies Landlord's Claim for Rent from Bankrupt Tenant In a recent decision, the Sixth Circuit Court of Appeals upheld two lower court rulings denying a landlord's claim for rent from a Bankrupt tenant. In In re Baby N' Kids Bedrooms Inc. , No. 07-1606 (6th Cir. March 26, 2008) a landlord asserted an... ( added 233 days 5 hours ago.)

Shareholders Retain LBO Payments in Exchange for Stock under Bankruptcy Code Exception Usually in the context of bankruptcy, shareholders receive nothing for their equity interests unless all other creditors are paid in full. Even when shareholders receive payment prior to a bankruptcy filing, the Bankruptcy Code provides that such... ( added 268 days 9 hours ago.)