Georgia Bankruptcy Law Blog

Recent Posts from Georgia Bankruptcy Law Blog

• Southern District Opinion; Relief From Stay; Single Asset Case

  Suntrust Bank v. Global One, L.L.C. (In re Global One, L.L.C), 411 B.R. 524 (Bankr. S.D. Ga. July 21, 2009). SunTrust sought relief from stay on the grounds that the value of the real property…

• Middle District Opinion: Relief From Stay To Litigate Employment Claims In District Court

  In re Coachworks Holdings, Inc., Ch. 11 Case No. 09-51096, 2009 Bankr. LEXIS 3369 (Bankr. M.D. Ga. Oct. 16, 2009). Movant filed a motion for relief to pursue employment claims against the debtor and non-debtor…

• Chapter 11 Cases Files In October and November 2009

  Foreclosure Day in Georgia was yesterday, November 4, 2009. Below are the Chapter 11 cases filed over the last few weeks. Case No. Related Case Info Ch Party Info Dates Other Info 09-86091-crm 11 Atlanta…

• Chapter 11 Cases Files In October and November 2009

• Recent Opinions From The Middle District Of Georgia

  In re Baugh, Ch. 7 Case No. 07-30838 (Bankr. M.D. Ga. September 17, 2009)(J. Walker). A petition preparer was sanction pursuant to section 110 of the Code. The Court found that the preparer violated the…

• When Are 529 Educational Funds Property Of The Bankruptcy Estate?

  Section 529 Plans are tax advantaged savings plans intended to encourage saving for future college costs. There are two types of qualified tuition programs: a prepaid tuition plan or a college savings plan They are…

• Triad Senior Living Facilities File Chapter 11 Petitions in Northern District Of Georgia

  Triad Senior Living communities filed several related Chapter 11 cases in the Newnan Division of the Northern District of Georgia. Case No. Related Case Info Ch Party Info Judge Trustee Dates 09-13383-whd 11 Triad at…

• AJC Article Discusses Spa Sydell Chapter 11 Filing

  Spa Sydell, the well-known day spa in Atlanta, filed a Chapter 11 bankruptcy petition in Atlanta on September 3, 2009. In re Sydell, Inc., Ch. 11 Case No. 09-83407-crm (click here to download 117 page…

• I Have Been Threatened With A Lawsuit If I Don't Return Money A Customer Paid Before They Filed For Bankruptcy! Do I Have To Give It Back?

  If you have have had the bad luck to deal with customers or clients who have filed a bankruptcy case, chances are good that you have or will receive a demand letter to return money…

• Two More Georgia Banks Fail: First Coweta Bank, EBank Closed By Regulators

  Two more Georgia banks were shut down yesterday, making them the 17th and 18th Georgia bank failures in 2009. Ebank, the Vinings-based thrift founded in 1998 as Commerce Bank, was closed by the Office of…