Law

Del. Bankruptcy Court Decision Serves as Warning of Consequences of Violating the Automatic Stay

A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ...

When Bankruptcy Courts Give Deference to Matrimonial Proceedings

Noah Weingarten and Anita Rojas Carroll discuss a recent bankruptcy case out of the Southern District of New York emphasizes ...
JD Supra

How the Automatic Stay in Bankruptcy Can Affect Net Asset Value Facilities

In net asset value (NAV) facilities, the borrowing capacity typically adjusts to reflect changes to the value of the underlying investment portfolio, and borrowers face the risk of potential borrowing ...
JD Supra

Filing of Adversary Proceeding Against Chapter 15 Debtor Violated Automatic Stay, and "Home Court" Rule Does Not Apply in Chapter 15 Cases

It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
Investopedia

Bankruptcy: What It Is, How It Works, and Types

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.