Rochelle's Daily Wire

Although deposed as debtor in possession, the Subchapter V debtor retains the sole power to file a chapter 11 plan.

Sticking to her guns, Bankruptcy Judge Mary Walrath rules that the solvent-debtor exception was abrogated by the adoption of the Bankruptcy Code, but certifies a direct appeal to the Court of Appeals.

An appeal to the Third Circuit may tell us whether a ‘notwithstanding any other provision’ clause really means what it says.

Bankruptcy Judge Craig T. Goldblatt declined to interpret an indenture’s ratable treatment clause as anti-subordination in disguise.

Delaware corporations must have shareholder approval to sell all or substantially all assets outside of bankruptcy.

The amendment to Section 547(b) does not require a preference complaint to explain why the defendant doesn’t have affirmative defenses, Judge Walrath says.

Submitting a retention order with the wrong word resulted in a pivotal issue on appeal.

A claim of the IRS can provide a 10-year lookback for avoidance actions, but the claim must have been filed.

Judge Sontchi set aside a prior order preventing the trustee from controlling litigation brought in the trustee’s name.

Mallinckrodt’s nondebtor releases didn’t have the defects that infected Purdue and Patterson.