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    Medical marijuana: what happens in bankruptcy (not much)
    2014-11-04

    In re Arenas, 514 B.R. 887 (Bankr. D. Colo. 2014) –

    The U.S. trustee sought to dismiss “for cause” a chapter 7 case filed by a marijuana grower and his wife. The debtors countered by moving to convert to a chapter 13 case. The case turned on the impact of the federal Controlled Substances Act.

    Filed under:
    USA, Colorado, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Federal preemption, Bankruptcy, Debtor
    Location:
    USA
    Firm:
    Troutman Pepper
    Sale “free and clear”: adequate protection of nothing is nothing
    2014-07-29

    In re Elk Grove Village Petroleum, 510 B.R. 594 (Bankr. N.D. Ill. 2014) –

    Filed under:
    USA, Illinois, Insolvency & Restructuring, Litigation, Real Estate, Tax, Troutman Pepper, Debtor, Personal property
    Location:
    USA
    Firm:
    Troutman Pepper
    Mortgage claims: sometimes the debtor wins, and sometimes the lender wins
    2015-04-08

    Brandywine Townhouses, Inc. v. Fed. Nat’l Mortgage Ass’n (In re Brandywine Townhouses, Inc.), 518 B.R. 671 (Bankr. N.D. Ga. 2014) –

    Filed under:
    USA, Georgia, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Debtor, Default (finance), Secured creditor
    Location:
    USA
    Firm:
    Troutman Pepper
    Rejecting related contracts: when can you pick and choose?
    2014-10-28

    In re Trinity Coal Corp., 514 B.R. 526 (Bankr. E.D. Ky. 2014) –

    The debtors sought to reject easement and disposal agreements with the owners of adjacent coal mines. The adjacent owners objected on the basis that the agreements were an integral part of a larger transaction, and could not be separately rejected.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper
    Location:
    USA
    Firm:
    Troutman Pepper
    Lease abatement: the act of eliminating or nullifying
    2014-07-18

    N. Providence, LLC v. Great Atlantic & Pacific Tea Co., Inc. (In re Great Atlantic & Pacific Tea Co., Inc.),510 B.R. 42 (S.D.N.Y. 2014) –

    Filed under:
    USA, New York, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Landlord
    Location:
    USA
    Firm:
    Troutman Pepper
    Manufactured home lien: forget perfection, you need to have a lien in the first place
    2015-03-25

    Morris v. Ark Valley Credit Union (In re Gracy), 522 B.R. 686 (Bankr. D. Kan. 2015) –

    A chapter 7 trustee sought to avoid a credit union’s security interest in a manufactured home by asserting his strong arm powers as a hypothetical lien creditor based on the lender’s failure to perfect its lien. The bankruptcy court declined to avoid the lien since it held there was no lien to avoid.

    Filed under:
    USA, Kansas, Banking, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Personal property, United States bankruptcy court
    Location:
    USA
    Firm:
    Troutman Pepper
    Sales free and clear: what about restrictive covenants?
    2014-10-07

    Heatherwood Holdings, LLC v. HGC, Inc. (In re Heatherwood Holdings, LLC), 746 F.3d 1206 (11th Cir. 2014) –

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Covenant (law)
    Location:
    USA
    Firm:
    Troutman Pepper
    Sale free and clear: permitted “matters of record” may be broader than you expect
    2014-07-15

    In re Joan Fabrics Corp., 508 B.R. 881 (Bankr. D. Del. 2014) –

    The buyer of assets in a bankruptcy sale sought to enforce its asset purchase agreement against a county that was seeking to collect personal property taxes arising prior to the sale by exercising a statutory lien on the property acquired by the buyer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Real Estate, Tax, Troutman Pepper, Property tax, Personal property
    Location:
    USA
    Firm:
    Troutman Pepper
    Lease claims: you snooze, you lose
    2015-03-11

    In re Sky Ventures, LLC, 523 B.R. 163 (Bankr. D. Minn. 2014) –

    After a debtor obtained court approval to retroactively reject a lease as of the bankruptcy filing date, the landlord moved to reset the rejection date and for allowance of an administrative expense priority claim for post-petition rent.

    Filed under:
    USA, Minnesota, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper
    Location:
    USA
    Firm:
    Troutman Pepper
    Strong arm powers: what can be done with an avoided lien?
    2014-10-03

    DeGiacomo v. Traverse (In re Traverse), 753 F.3d 19 (1st Cir. 2014) –

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Real Estate, Troutman Pepper, Debtor, Mortgage loan, Foreclosure
    Location:
    USA
    Firm:
    Troutman Pepper

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