Forbes

Bankruptcy Law And Charging Order Law Collide Again In Pettine

In just a relatively short 25 years, the limited liability company (LLC) has become the entity-of-choice for nearly all purposes, with the almost singular significant exception of publicly-traded ...
JD Supra

U.S. Bankruptcy Court Holds that State-Court Receivership Order Does Not Bar Managing Member from Seeking LLC Bankruptcy Relief

A typical receivership order does not limit the ability of a managing member to seek limited liability company bankruptcy relief for distressed real estate or other enterprises. An enterprise, even if ...
Forbes

Charging Order Against Interest Of LLC In Bankruptcy Held Not To Violate The Automatic Stay In Nilhan

If an LLC is in bankruptcy, can a creditor obtain a charging order against an interest in that partnership without violating a bankruptcy stay? Consider these facts: The primary individual debtor, ...
Law

Robertshaw Bankruptcy Order Could Affect Similar Transactions

Invesco sued the lender plaintiffs and One Rock in New York State Court in December. Robertshaw's Feb. 15 bankruptcy filing in Texas stayed the New York litigation. A private equity lender and sponsor ...
WFSB

CT’s attorney general on Purdue Pharma bankruptcy order: ‘Supreme Court got it right’

HARTFORD, CT (WFSB) - Connecticut’s attorney general said the U.S. Supreme Court made the right decision when it killed a settlement with OxyContin maker Purdue Pharma. In a 5-4 vote, the court ...
SCOTUSblog

Justices dubious about rejecting jurisdiction of appellate courts to review bankruptcy orders

Type to search articles, cases, and authors. Press ↵ to view all results. The Supreme Court heard a confusing and wide-ranging discourse yesterday in MOAC Mall Holdings LLC v. Transform Holdco LLC.