Prior to filing for bankruptcy, FirstEnergy Solutions Corp. (FES) was party to certain PPAs, including an inter-company power agreement” (ICPA) with 12 other companies (collectively referred to as ...
Ever since Congress amended the Bankruptcy Code in 1984 to remedy the U.S. Supreme Court's 1982 ruling declaring the jurisdictional groundwork of title 11 unconstitutional, there have been lingering ...
In the recent decision of Tew v. ED&F Man Capital Markets, the U.S. Bankruptcy Court for the Eastern District of Kentucky (the bankruptcy court) addressed a thorny decision for all bankruptcy courts, ...
The intersection of artificial intelligence and cryptocurrency was involved in a recent decision in In re Augustus Intelligence (Case No. 21-10744 (TMH) (Adv. No. 23-50370 (TMH), where the U.S.
Bethany D. Simmons and Noah Weingarten of Loeb & Loeb LLP examine a bankruptcy court ruling that interprets lease ...
The Supreme Court heard a confusing and wide-ranging discourse yesterday in MOAC Mall Holdings LLC v. Transform Holdco LLC. For the generalist Supreme Court follower, the case is a technical one, ...
The intersection of taxes and bankruptcy present interesting issues. A recent bankruptcy case demonstrated this by considering whether Earned Income Tax Credit refunds (and their New Mexico state ...
William Waldner is a NYC bankruptcy attorney whose sole focus is in the areas of chapter 7 and chapter 13 bankruptcy cases. Business shutdowns have hit far and wide, and virtually every small business ...
The United States Bankruptcy Court for the Central District of California, Santa Ana Division (the “Court”) entered an Order (the “Bar Date Order”) in the chapter 11 case (the “Case”) of the ...
Soap and cleaning compound manufacturer, SoluScience Inc., files for bankruptcy due to a significant asset-liability imbalance.