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Chapter 7 Bankruptcy

DOJ Revives Rare ‘Financial Kingpin’ Statute in Expanded Prosecution of Tricolor Founder

'Financial Kingpin' Statute

Unsealing a superseding eight-count indictment on 6/24, the DOJ has revived the ‘Financial Kingpin’ statute in its prosecution of Tricolor Founder.

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How To Defend Against Bankruptcy Avoidance Actions

Bankruptcy Avoidance Actions

Understanding bankruptcy avoidance actions and the defenses available can make a significant difference for companies facing litigation exposure.

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We’re Engaged! Engaged in a Fraudulent Transfer

Fraudulent Transfer

Individuals contemplating bankruptcy can engage in pre-bankruptcy planning, but within limits.

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Opportunity Amidst Crisis

Opportunity Amidst Crisis

When done well distressed investing can allow buyers to capture value or gain strategic footholds they could not afford in normal markets.

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The Impact of Jarkesy on the Right to a Jury in Bankruptcy Proceedings

Right to a Jury

A recent Supreme Court case has brought a long-standing question in bankruptcy practice back to the fore: When do parties have the right to a jury trial?

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Bankruptcy Considerations in a Collections Action

Collected money over time

In collections, knowing how to navigate a debtor’s bankruptcy can mean the difference between safeguarding your rights and losing your chance at recovery.

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6 Key Lessons in Retention in Chapter 11 Cases

Retention in Chapter 11

Retention in a Chapter 11 reorganization ensures distressed businesses are able to navigate the complexities of bankruptcy.

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What Can Creditors Do When an Insolvent LLC’s Manager Distributes Cash But Does Not Pay Creditors

The manager of an insolvent LLC has distributed cash to themselves instead of paying off the company’s debts. What can you do as a creditor?

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The Road To an Assignment for the Benefit of Creditors (ABC): A Case Study

Road to an ABC

Assignment for Benefit of Creditors (ABC) might mitigate loss and preserve going-concern value for the company and its secured creditors.

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