Delaware Business Bankruptcy Report

RSS Feed

Providing access to current decisions, news and commentary regarding commercial bankruptcy cases in Delaware.

Author: Morris James is based in Wilmington, Del. The firm also authors Delaware Patent Litigation Report.

Blawg Related Categories: Bankruptcy Law • States • Delaware • Law Firm

Recent Posts from Delaware Business Bankruptcy Report

Section 503(b)(9) Claims and Bar Dates: Creditors Must Be Vigilant
Section 503(b)(9) Claims and Bar Dates: Creditors Must Be Vigilant, ABI Journal, Vol. XXVII, No. 6, July/August 2008. Authored by: Carl N. Kunz, III
Boscov's, Inc. and Affiliates File Chapter 11 in Delaware
Early this morning, August 4, 2008, Boscov’s, Inc. and 7 affiliated debtors filed Chapter 11 petitions in Delaware. The affiliates are: Boscov’s Investment Company, Boscov’s Department Store, LLC, Boscov’s Finance Company, Inc., Boscov’s PSI…
Morris James Bankruptcy Partners Miller and Kunz Recognized by 2008 Chambers USA
The publishers of Chambers USA: America’s Leading Lawyers for Business recently launched the 2008 Client’s Guide. Morris James partners Stephen M. Miller and Carl N. (“Chuck”) Kunz, III have been recognized by Chambers this…
Morris James Attorneys at ABI Summer Conferences
Brett D. Fallon, a partner in Morris James' Bankruptcy and Creditors' Rights group, will be a panelist at this year's American Bankruptcy Institute 4th Annual Mid-Atlantic Bankruptcy Workshop. The conference which will take place in…
Brett D. Fallon Appointed Chair of the Claims and Priorities Subcommittee of the ABA Business Bankruptcy Committee
On April 1, 2008, Brett D. Fallon, a Partner in Morris James' Bankruptcy and Creditors' Rights group, was appointed as Chair of the Claims and Priorities Subcommittee of the American Bar Association Business Bankruptcy Committee. …
Supreme Court Reverses 11th Circuit Court of Appeals in Florida Department of Revenue v. Piccadilly Cafeterias
Fla. Dept. of Rev. v. Piccadilly Cafeterias, Inc., No. 07-312 (2008) Today, the United States Supreme Court reversed the decision of the United States Court of Appeals for the Eleventh Circuit in Florida Department of…
The Bankruptcy Court Reaffirms that Frenville is the Law in the Third Circuit: Bankruptcy Court Must Examine State Law to Determine When a Claim or Interest Arises
JELD-WEN, Inc. v. Brunt (In re Grossman’s, Inc.), Nos. 97-00695, Adv. No. 07-51602 (Bankr. D. Del. June 9, 2008) (Judge Peter J. Walsh) The Bankruptcy Court confirmed Grossman’s chapter 11 plan for reorganization in…
Goody's Family Clothing, Inc. and Related Entities Seeks Chapter 11 Protection
Yesterday, June 9, 2008, Goody’s Family Clothing, Inc. and 19 of its subsidiaries and affiliates sought bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. The case is being administered under…
The Scope of 11 U.S.C. § 546(e) Is Not Restricted To Publicly Traded Securities; Bad Faith or Intent to Defraud Must Be Demonstrated to Collapse Otherwise Independent Transactions
Plassein Int’l Corp. v. B.A. Capital Co. LP (In re Plassein Int’l Corp.), No. 03-14489, 2008 WL 2073495 (D. Del. May 15, 2008) (Judge Joseph J. Farnan, Jr.) The Debtors’ Chapter 7 Trustee (the “Trustee”)…
The District Court Holds That the Discounted Cash Flow Methodology May Be Used to Determine a Debtors' Solvency Even If There Is a Public Market for the Debtors' Stock.
In re American Classic Voyages, Co., 384 B.R. 62 (D. Del. 2008) (Judge Joseph J. Farnan, Jr.) The Debtors appealed the bankruptcy court’s decision under the theory that a 2007 Third Circuit decision prohibited…