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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FDIC to Break Up SVB, Seeks Separate Sale of Private Unit
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Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
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Another Court Won’t Permit a Structured Sale to Eradicate a Homestead Exemption
Subordinated lenders can’t take a ‘haircut,’ give a ‘tip’ to the trustee, sell a home and eradicate the debtor’s homestead exemption.