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Fourth Circuit Holds That “Contingent” Proof of Claim Did Not Trigger Statute of Limitations to Collect Withdrawal Liability

“Contingent” Proof of Claim

A recent Fourth Circuit decision is instructive for multiemployer plans and the employers that contribute to them when there is a bankruptcy filing.

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When a Bad Debtor Owes You Money

When a Bad Debtor Owes You Money

Early signs of customer financial distress can quickly snowball into serious cash-flow problems, especially for third-parties who depend on steady receivables.

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Tax Considerations in Insolvency Cases

Tax Considerations in Insolvency Cases

Tax issues exist in most insolvency cases and the failure to address and plan for these can adversely affect multiple persons involved.

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Demystifying Administrative Expenses in Bankruptcy

Lightbulbs hanging in building

Holders of administrative claims are entitled to priority payment so long as the claim was for goods or services that benefited the debtor’s estate.

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Federal Receiverships: Navigating the Legal Maze of Asset Recovery and Distribution

Federal Receivership

When a federal court appoints a receiver, it initiates a complex process that sits at the intersection of litigation, forensic accounting, and equitable justice.

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The Fundamentals of the Chapter 11 First Day Hearing

Chapter 11 First Day Hearing

The first day hearing is crucial for stabilizing a Chapter 11 debtor’s operations and setting the tone for the case.

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Navigating Bankruptcy Claims Trading

Bankruptcy Claims Trading

Understanding the bankruptcy claims trading market is crucial for those who deal with distressed assets, whether for clients or as investors themselves.

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Possessing the Unpossessable – Holding Digital Assets in Your UCC Hands

Digital Assets

Digital assets generally cannot be physically held, but they may now be legally possessed, under the UCC in Delaware and other states that have adopted identical provisions of the UCC or similar legislation.

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You Sued and Won. Now What? How To Enforce a Judgment and Turn It Into Cash

You Sued and Won. Now What How to Enforce a Judgment in Illinois and Turn It Into Cash

You’ve just won a trial and obtained a money judgment against a corporate defendant. Now, it’s time to enforce the judgment and collect what you’re owed.

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Getting Over the Scariness of Filing an Involuntary Bankruptcy Petition

A rock climber looks over a precipice, symbolizing investors overcoming their fear of filing an involuntary bankruptcy petition

Involuntary bankruptcy petitions can help creditors recover debts, but only if filed strategically. Learn how to meet legal requirements and avoid risks.

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