The Bankruptcy Protector
The Bankruptcy Protector
Der Bundesgerichtshof hat in einer aktuellen Entscheidung seine Rechtsprechung zur Vorsatzanfechtung nach § 133 InsO neu ausgerichtet. Die Anforderungen für diesen in der Praxis äußerst relevanten Anfechtungstatbestand wurden merklich erhöht.
Der nachfolgende Beitrag soll dem Leser einen Überblick über die wesentlichen Neuerungen verschaffen.
The Bankruptcy Protector
Almost two years ago, the Small Business Reorganization Act of 2019 (SBRA) was enacted. While the provisions regarding the new Subchapter V reorganization received the most press (streamlined chapter 11 for businesses with debts of no more than $7,500,000), the SBRA also included other important changes to the Bankruptcy Code. Among these additional changes was an increase in the venue threshold under 28 U.S.C. § 1409(b) to $25,000.00 as follows:
The Bankruptcy Protector
In 2017, Congress enacted an amendment imposing a sharp increase in quarterly fees owed to the United States Trustee program by many chapter 11 debtors. Expectedly, the constitutionality of that decision has been challenged on several grounds, and there is considerable disagreement among the circuits.
Die Steuerstundungen aufgrund der Corona-Pandemie laufen am 30. September 2021 aus. Hier erfahren Sie, welche Anforderungen Geschäftsleiter, Steuerberater und Wirtschaftsprüfer beachten müssen, um Haftungsrisiken zu vermeiden.
Das Wichtigste im Überblick:
The Bankruptcy Protector
“It’s expensive to be me / Looking this good don’t come for free.” —Erika Jayne, “XXpen$ive”
Real Housewives of Beverly Hills cast member Erika Girardi, more commonly known as Erika Jayne, is the latest example of just how powerful (and expensive) an involuntary bankruptcy proceeding can be.
The StaRUG provides for a so-called stabilisation order to make it easier for companies to restructure. This is also referred to as a moratorium. We explain the requirements and consequences.
On 1 January 2021, the StaRUG, which goes back to an EU directive, came into force and wants to provide a `second chance for businesses. The abbreviation stands for 'Unternehmensstabilisierungs- und –restrukturierungsgesetz' ('Corporate Stabilisation and Restructuring Act').
With this overview, we want to provide you with a high-level overview of the StaRUG on the following main issues:
The Bankruptcy Protector
In City of Chicago, Illinois v. Fulton, No. 19-357, 2021 WL 125106, at *1 (U.S. Jan. 14, 2021), the United States Supreme Court considered the issue of whether the mere retention of estate property after the filing of a bankruptcy petition violates section 362(a)(3) of the Bankruptcy Code. Reversing the Seventh Circuit and resolving a split among the circuits, the Supreme Court ruled unanimously on January 14, 2021 “that mere retention of property does not violate the [automatic stay in] § 362(a)(3).”