The Bankruptcy Protector
Analizamos las principales novedades introducidas en el Proyecto de Ley de reforma del texto refundido de la Ley Concursal, recientemente publicado en el Boletín de las Cortes. Ofrecemos, además, un documento comparativo en el que mostramos todos los cambios que incorpora el texto respecto del anteproyecto inicial publicado el pasado mes de agosto.
The Bankruptcy Protector
Federal Rule of Bankruptcy Procedure 3002.1 was implemented to protect debtors from unanticipated deficiencies in residential mortgage payments following a chapter 13 discharge, and the Bankruptcy Court for the District of Puerto Rico’s recent opinion in In re Feliciano Figueroa[1] illustrates how detrimental the rule can be to inattentive mortgage holders.
A Texas bankruptcy court’s decision earlier this year to dismiss the National Rifle Association’s (“NRA”) chapter 11 bankruptcy case as a bad faith filing illustrates the perils of a poorly planned chapter 11 filing, and highlights the need, even in crisis situations, to establish solid objectives and develop a sound strategy prior to seeking relief under the Bankruptcy Code. In re Nat’l Rifle Ass’n of Am., 628 B.R. 262 (Bankr. N.D. Tex. 2021).
Section 105 of the U.S. Bankruptcy Code, titled “Power of Court,” is often cited and used as a “catch-all” provision when requesting certain relief or when a bankruptcy court enters an order granting (or denying) certain relief not prescribed by a particular provision of the Bankruptcy Code. That section provides that a “court may issue any order, process, or judgment that is necessary or appropriate to carry out the provisions of this title . . .
The Bankruptcy Protector
El Consejo de Ministros ha acordado extender el plazo de solicitud de la financiación avaladapor el Instituto de Crédito Oficial (ICO), CESCE o CERSA (la financiación avalada), así como elevar los umbrales económicos relativos a la refinanciación de la misma, trasladando dichas modificaciones al Código de Buenas Prácticas.
El pre-pack concursal se está implementando en España de manera paulatina a través de diversos protocolos y resoluciones judiciales. Ofrecemos un mapa desde el que se podrá acceder a las novedades que vayan surgiendo en este terreno.
The Bankruptcy Protector
Most bankruptcy practitioners are familiar with the intentionally broad scope of discovery under Bankruptcy Rule 2004. However, there are limits to this discovery and the “pending proceeding” rule can be a useful tool to limit the scope of discovery in the appropriate circumstances.
Bankruptcy Rule 2004