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Binder & Binder, a nation-wide firm of advocates for those seeking Social Security disability or Supplemental Security Income benefits, is roughly $40 million in debt and is preparing declare bankruptcy under Chapter 11, according to the Wall Street Journal. [read post]
22 Oct 2010, 7:53 am by Scott Sagaria
A reorganization plan, or formally, Plan of Reorganization, is a requirement of Chapter 11 bankruptcy. [read post]
4 Apr 2014, 5:40 am
The business debtor, however, needs to look out for administrative claims made under 11 U.S.C. [read post]
7 Jan 2014, 10:47 am by Thompson & Knight LLP
Whether or not a claim is entitled to administrative expense priority is often a hotly disputed issue in business bankruptcies. [read post]
29 Mar 2016, 1:01 pm by Thompson & Knight LLP
On March 27, 2016, Southcross Holdings LP and certain of its affiliates (collectively, “Southcross” or the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas, Corpus Christi Division. [read post]
17 Nov 2008, 3:43 pm
After all, Chapter 11 is supposed to be the way that one restructures over-leveraged firms that maintain some core of profitability. [read post]
9 Nov 2015, 10:08 am by Thompson & Knight LLP
(the “Debtor”) filed for Chapter 11 bankruptcy protection in Denver. [read post]
26 Apr 2024, 9:04 pm by Adam Levitin
A recent, disturbing, and truly scandalous development in Chapter 11 mass tort cases is the phenomenon of debtors trying to stuff the ballot box with "junk" claims, that is claims that should by all lights be disallowed as unenforceable and therefore ineligible to vote on a plan. [read post]
30 Dec 2010, 7:40 pm by Randall Reese
.; and Crestwood Farms LLC - voluntarily filed for chapter 11 bankruptcy protection in Delaware on December 19th (bankruptcy filing details available here). [read post]
30 Dec 2010, 7:40 pm by Randall Reese
.; and Crestwood Farms LLC - voluntarily filed for chapter 11 bankruptcy protection in Delaware on December 19th (bankruptcy filing details available here). [read post]
3 Feb 2010, 6:37 pm by Randall Reese
., a provider of clinical documentation technology and services to hospitals and health systems, voluntarily filed for chapter 11 protection today in Wilmington, Delaware with plans to utilize bankruptcy protection to effectuate a sale of substantially all of its assets to MedQuist Transcriptions Ltd. - its largest competitor - and MedQuist's majority owner, CBay Inc. [read post]
20 May 2014, 10:04 am by lennyesq
Currently $46 in all cases, the administrative fee will be $75 for cases filed under Chapters 7, 12 and 13, and $550 for cases filed under Chapters 9, 11 and 15. [read post]
14 Apr 2010, 7:53 am by Joseph C. McDaniel
It's just another step in the administration of your Arizona bankruptcy case. [read post]
20 Mar 2012, 9:29 pm by Christopher Ariano
In a chapter 11 case, a disclosure statement is a written document that is prepared by the chapter 11 debtor  or other plan proponent designed to provide “adequate information” to creditors to enable them to evaluate the chapter 11 plan of reorganization. [read post]
10 May 2023, 9:01 pm by renholding
 How much, if any, additional near-term liquidity does the company require to sustain operations during its restructuring process and fund the administration of its Chapter 11 case, and what are possible sources of the necessary funding? [read post]
21 May 2011, 10:53 pm
While Chapter 11 bankruptcy can be used by troubled businesses, Chapter 7 and Chapter 13 are designed to aid struggling consumers. [read post]
22 May 2009, 4:48 pm
If a company first files for chapter 11 bankruptcy and later converts the case to a chapter 7 bankruptcy the administrative claims incurred during the chapter 7 phase of the case will be given priority ahead of the administrative claims incurred during the chapter 11 phase of the case. 3. [read post]