A Buyer Is in Good Faith Despite Using Economic Leverage, Fifth Circuit Says
Supposedly nefarious facts aren’t evidence of bad faith if they were disclosed to the bankruptcy judge who nevertheless made a finding of good faith.
Court:
Enterprise Valuation Today: “It Ain’t What It Used to Be”
Circuit Splits and Hot Topics with Bill Rochelle and Friends
Bankrupt Drugmaker Sorrento’s Scilex Unit Explores Stock Sale
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Pfizer to Buy COVID-Flu Test Developer Lucira Health Out of Bankruptcy Court
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Bankrupt Medical Packaging Startup on Track for Sale to Oaktree
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Catalina Marketing Files Repeat Bankruptcy to Slash Debt, Sell Japan Division
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Proceeds from Post-Petition Sales Aren’t to Be Turned Over to the Chapter 13 Trustee
Before confirmation, district judge says that a chapter 13 debtor is only required to turn over disposable income to a trustee, not proceeds from a post-petition sale of property.
Current Events with Bill Rochelle (and Guests!)
FTX’s LedgerX Attracts Bids From Firms Including Miami Exchange
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