The Chapter 11 filing highlights how quickly wholesale receivables can turn into uninsured losses - putting trade credit ...
PREPA bondholders say they are due a portion of the money allocated for payment to unsecured creditors in the Puerto Rico central government bankruptcy. The Puerto Rico Oversight Board said Puerto ...
ATLANTA — Delta Air Lines Inc., the nation's No. 3 carrier, said Monday it has agreed to give its retired pilots an extra $719 million in unsecured claims in its bankruptcy case to help them recoup ...
A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...
In a recent pair of decisions, the Ninth Circuit Bankruptcy Appellate Panel held that even fully secured creditors with nonrecourse claims and unsecured creditors who are paid off after the ...
In a recent decision in In re Harvest Sherwood Food, the U.S. Bankruptcy Court for the Northern District of Texas addressed all of these issues, and held a litigation funder that advanced $35 million ...
In its decision, the court maintained that the equitable powers of bankruptcy courts were sufficiently broad to subordinate a claim (even a claim that arose under 502(h)) on equitable grounds under ...
When a loved one or friend passes away, the probate process in Missouri ensures that their estate is administered according to the law. However, this process can become complicated when claims are ...