Clover Says It Will Emerge from Bankruptcy Soon
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Chapter 13 Debtor Keeps Postpetition Appreciation in Nonexempt Property, BAP Says
Courts are split on whether creditors in chapter 13 are entitled to the postpetition appreciation in a debtor’s property.
Court:
Opioid-Maker Insys Wins Court Approval of Bankruptcy Plan
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Payless ShoeSource Emerges from Chapter 11
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Sears Advisers Have Racked Up $200 Million in Fees as Vendors Await Payment
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A Chapter 11 Filing Can Extend an Inflexible Closing Date by 60 Days
Filing a chapter 11 petition to obtain an automatic 60-day extension of a closing date is not a bad faith filing, Judge Bernstein says.