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A bankruptcy discharge relieves a debtor of their legal obligation to repay most debts. The Bankruptcy Code begins with a presumption of dischargeability for the honest but unfortunate debtor...
In January 2024, the United States Bankruptcy Court for the Southern District of New York issued an opinion in the The Great Atlantic & Pacific Tea Company, Inc. bankruptcy case that tackled three fascinating preference-related issues.
In In re Pack Liquidating, LLC (Pack Liquidating), the U.S. Bankruptcy Court for the District of Delaware held that bankruptcy courts have authority to grant creditors...
The North Carolina Commercial Receivership Act celebrated its three-year anniversary in January, and we are beginning to see how it can be a powerful weapon for creditors who need to take control...
In a March 2024 decision, the U.S. Bankruptcy Appellate Panel for the First Circuit (the "Panel") followed existing case law prohibiting debtors in businesses related to cannabis...
The recent case of Ascentra Holdings, Inc v. SPGK Pte Ltd [2023] SGCA 32 (Ascentra) has drawn a line in the sand in the Singapore court's interpretation...
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