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    New Delaware Chapter 15 Filing - Alno AG
    2018-11-20

    Alno AG, a manufacturer and retailer of kitchen furniture headquartered in Pfullendorf, Germany, has filed a petition for relief under chapter 15 in the Bankruptcy Court for the District of Delaware (Case No. 18-12651).

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, Retail, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC
    New Delaware Chapter 11 Filing - LBI Media, Inc.
    2018-11-21

    LBI Media, Inc., along with seventeen affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 12655).

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Media & Entertainment, Cole Schotz PC, Marketing, Debt, Subsidiary, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC
    Texas court holds third-party claims related to bankruptcy case
    2018-11-27

    In Lone Star State Bank of West Texas v. Waggoner, et al. (In re Waggoner Cattle, LLC), Adv. P. No. 18-02003 (RLJ) (Bankr. N.D. Tex. Nov. 19, 2018), the United States Bankruptcy Court for the Northern District of Texas reminded us that creditor’s claims against third parties can confer jurisdiction on a bankruptcy court when the claims could have a conceivable effect on the bankruptcy estate.

    Filed under:
    USA, Texas, Insolvency & Restructuring, Litigation, FisherBroyles LLP, Subject-matter jurisdiction, United States bankruptcy court, Fifth Circuit, US District Court for Northern District of Texas
    Authors:
    H. Joseph Acosta
    Location:
    USA
    Firm:
    FisherBroyles LLP
    A Tale of Two Fishers: Unsettling Ohio’s ‘Well-Settled Law’ on the Proper Statute of Limitations for Mortgage Foreclosure Actions
    2018-11-27
    • A bankruptcy court in Ohio recently applied the incorrect statute of limitations in a mortgage foreclosure action.
    • Ohio’s statute of limitations jurisprudence has evolved from an accepted legal proposition derived from one opinion to supposedly well-settled law stating the complete opposite in another opinion.
    • Federal courts interpreting Ohio law must apply the correct statute of limitations to mortgage foreclosure actions.

    In the bankruptcy case of In re Fisher, 584 B.R. 185, 199–200 (N.D. Ohio Bankr.

    Filed under:
    USA, Ohio, Banking, Insolvency & Restructuring, Litigation, Real Estate, Maurice Wutscher LLP, Foreclosure, United States bankruptcy court, Ohio Supreme Court
    Location:
    USA
    Firm:
    Maurice Wutscher LLP
    New Delaware Chapter 11 Filing - Fairway Energy, LP
    2018-11-27

    Fairway Energy, LP, along with two subsidiaries and affiliates, has filed a chapter 11 petition for relief in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-12684).

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC
    3rd-Party Releases Bring Chapter 11 Venue Considerations
    2018-11-13

    First appeared in Law360, (November 13, 2018)

    Filed under:
    USA, Delaware, New York, Banking, Insolvency & Restructuring, Litigation, Brownstein Hyatt Farber Schreck LLP, United States bankruptcy court
    Authors:
    Samuel A. Schwartz
    Location:
    USA
    Firm:
    Brownstein Hyatt Farber Schreck LLP
    New Delaware Chapter 11 Filing - Prescription Advisory Systems & Technology, Inc.
    2018-11-14

    Prescription Advisory Systems & Technology, Inc. (“PAST”), a medical technology and software company, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 18-12601).

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, Balance sheet, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC
    New Delaware Chapter 11 Filing - Lamington Road Designated Activity Company LLC
    2018-11-15

    Lamington Road Designated Activity Company LLC (Case No. 18-12615) and its subsidiary, White Eagle General Partner, LLC (Case No.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, Interest, Life insurance, Subsidiary, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , Myles R. MacDonald , G. David Dean
    Location:
    USA
    Firm:
    Cole Schotz PC
    New Delaware Chapter 11 Filing - Starion Energy, Inc.
    2018-11-15

    Starion Energy, Inc., along with two subsidiaries and affiliates, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-12608). Starion, headquartered in Middlebury, Connecticut, is a competitive retailer of electricity operating in eleven states.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, Preliminary injunction, Subsidiary, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC
    New Delaware Chapter 11 Filing - Oklahoma ProCure Management, LLC
    2018-11-16

    Oklahoma ProCure Management, LLC (dba ProCure Proton Therapy Center) has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 18-12622).

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Cole Schotz PC, Debtor, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    Norman L. Pernick , G. David Dean , Myles R. MacDonald
    Location:
    USA
    Firm:
    Cole Schotz PC

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