In the IMRIS, Inc. bankruptcy proceeding (Delaware Bankruptcy Case No. 15-11133), a formation meeting has been scheduled for Thursday, June 4, 2015 at 10:00 a.m. (ET) at the J. Caleb Boggs Federal Building, 844 King Street, Room 2112, Wilmington, DE 19801. Click Here for a copy of the Notice of Formation Meeting for Official Committee
U.S. Bankruptcy Court for the District of Delaware
Boston Restaurant Associates, Inc. Formation Meeting and Section 341 Meeting Scheduled
By Fox Rothschild LLP on
Posted in Bankruptcy Case Updates
In the Boston Restaurant Associates, Inc. bankruptcy proceeding (Delaware Bankruptcy Case No. 15-11101), a formation meeting has been scheduled for Tuesday, June 2, 2015 at 10:00 a.m. (ET) at the J. Caleb Boggs Federal Building, 844 King Street, Room 5209, Wilmington, DE 19801. Click Here for a copy of the Notice of Formation Meeting for…
Orchard Supply – The Trouble With Motions to Dismiss
By Fox Rothschild LLP on
Posted in Opinions
Summary
In a 14 page decision released May 12, 2015, Judge Sontchi of the Delaware Bankruptcy Court illustrated why even perfect motions to dismiss may not be worth filing. Judge Sontchi’s opinion is available here (the “Opinion”). The Opinion was issued in the adversary proceeding Alamo Group, LLC and Kirin Alamo, LLC v. A&G Realty…
Frederick’s of Hollywood Formation Meeting and Section 341 Meeting Scheduled
By Fox Rothschild LLP on
Posted in Bankruptcy Case Updates
In the Frederick’s of Hollywood bankruptcy proceeding, a formation meeting has been scheduled for Wednesday, April 28, 2015 at 10:00 a.m. (ET) at the J. Caleb Boggs Federal Building, 844 King St., Room 5209, Wilmington, DE 19801. Click Here for a copy of the Notice of Formation Meeting for Official Committee of Unsecured Creditors issued…
Filene’s Basement Decision Interprets Lease Rejection Damages Statute
By Fox Rothschild LLP on
Posted in Opinions
Summary
In a 22 page decision released April 20, 2015, Judge Carey of the Delaware Bankruptcy Court provided guidance as to the calculation of lease rejection damages. Judge Carey’s opinion is available here (the “Opinion”). The interpretation of 11 U.S.C. Section 502(b)(6) differs depending on the court which is addressing the issue. This is an…
Furniture Brands International – Preference Litigation has Begun
By Fox Rothschild LLP on
Posted in Preference Litigation
On September 9, 2013, Furniture Brands International (“Furniture Brands”) and various related entities filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. We initially published a blog post about the filing here: Furniture Brands Files for Bankruptcy in Delaware Seeking to Sell Assets
On August 1, 2014,…
Opinion Rules that Shareholder Meetings Continue During Bankruptcy
By Fox Rothschild LLP on
Posted in Opinions
In an 19 page opinion issued April 1, 2015 in the SS Body Armor I, Inc. Bankruptcy (10-11255), Judge Sontchi held that an action to compel a shareholder meeting is not barred by the automatic stay of 11 U.S.C. 362. The Opinion is Available Here.
Background
This case if full of drama; the Debtors’ former…
Karmaloop, Inc. Formation Meeting and Section 341 Meeting Scheduled
By Fox Rothschild LLP on
Posted in Bankruptcy Case Updates
In the Karmaloop, Inc. bankruptcy proceeding, a formation meeting has been scheduled for Wednesday, April 1, 2015 at 10:30 a.m. (ET) at the DoubleTree Hotel, 700 King St., Salon C, Wilmington, DE 19801. Click Here for a copy of the Notice of Formation Meeting for Official Committee of Unsecured Creditors issued by the Office of…
Allied Nevada Gold Formation Meeting and Section 341 Meeting Scheduled
By Fox Rothschild LLP on
Posted in Bankruptcy Case Updates
In the Allied Nevada Gold Corp. bankruptcy proceeding, a formation meeting has been scheduled for Thursday, March 19, 2015 at 10:00 a.m. (ET) at the J. Caleb Boggs Federal Building, 844 King St., Room 2112, Wilmington, DE 19801. Click Here for a copy of the Notice of Formation Meeting for Official Committee of Unsecured Creditors…
Trump Decision – Administrative Claims of Employees
By Fox Rothschild LLP on
Posted in Opinions
In an 11 page opinion (the “Opinion”) released March 9, 2015, in the Trump Entertainment Resorts, Inc. bankruptcy (Case No. 14-12103), Judge Gross interpreted Bankruptcy Code 503(b)(1)(A) in approving the reclassification of a claim from a priority claim to a general unsecured claim. The Opinion is available here. Administrative claims are an integral part of…