Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Eastern District of Virginia Bankruptcy Court Issues Extensive Memorandum Opinion Confirming Market-Based Hourly Rates Apply in Approving Fee Applications
    2022-10-19

    Settling any remaining uncertainty in how professionals’ hourly rates will be considered for approval in bankruptcy courts in the Eastern District of Virginia, on October 18, the Bankruptcy Court for the Eastern District of Virginia approved the professional fee applications in the Nordic Aviation bankruptcy cases, including the rates of each of the professionals as appropriate market rates. In particular, the Bankruptcy Court noted that, “[m]uch ink has since been spilled differentiating so-called ‘local’ rates from ‘national’ rates. The distinction is much ado about nothing.

    Filed under:
    USA, Virginia, Insolvency & Restructuring, Litigation, Hunton Andrews Kurth LLP, Bankruptcy
    Authors:
    Tyler P. Brown , Jason W. Harbour , Justin F. Paget , Henry Long, III
    Location:
    USA
    Firm:
    Hunton Andrews Kurth LLP
    Virginia Courts Approve National Rates in Complex Corporate Bankruptcy Cases
    2022-09-28

    As one of the nation’s premier bankruptcy venues, the Eastern District of Virginia (“EDVA”) has attracted some of the largest and most complex corporate bankruptcies. While companies file chapter 11 bankruptcies in the EDVA for many reasons—experienced judges, well-established legal precedent, a robust bankruptcy bar and local rules, and an expeditious docket (dubbed the “Rocket Docket”)—national law firms are also cognizant that EDVA courts have generally approved their fees, even when they exceed prevailing geographic market rates.

    National Rates in the EDVA

    Filed under:
    USA, Virginia, Insolvency & Restructuring, Litigation, McGuireWoods LLP
    Authors:
    Douglas M. Foley , Sarah B. Boehm , Jacob Matthew Weiss
    Location:
    USA
    Firm:
    McGuireWoods LLP
    Virginia Courts Confirm Standard for Approving Professional Fees in Complex Chapter 11 Cases
    2022-09-20

    On September 19, 2022, the District Court for the Eastern District of Virginia entered an Order1 adopting the Report and Recommendation of the Chief Bankruptcy Judge2 approving the fe

    Filed under:
    USA, Virginia, Insolvency & Restructuring, Litigation, Hunton Andrews Kurth LLP
    Authors:
    Jason W. Harbour , Justin F. Paget
    Location:
    USA
    Firm:
    Hunton Andrews Kurth LLP
    Attempting to Close the Shops: New York and Virginia Adopt Random Case Assignment to Discourage Forum Shopping
    2022-01-07

    The Bankruptcy Court for the Southern District of New York (the “SDNY”) has been a longstanding epicenter of Chapter 11 filings. Historically seen as one of the more pro-debtor forums in the country, large companies often filed in the SDNY to take advantage of that stance. Some debtors appear to have attempted to direct their cases to specific judges within the district who were seen as particularly pro-debtor. One recent example was the bankruptcy filing by OxyContin producer, Purdue Pharma.

    Filed under:
    USA, New York, Virginia, Insolvency & Restructuring, Litigation, Mayer Brown, Bankruptcy
    Authors:
    Sean T. Scott , Aaron Gavant
    Location:
    USA
    Firm:
    Mayer Brown
    COVID-19 Update: Courts Provide Procedural Guidance to Bankruptcy Bar
    2020-03-17

    During these uncertain times, bankruptcy courts across the country remain steadfast in their commitment to serve the public and provide critical relief to debtor companies and their many constituents, including employees, lenders, and other parties in interest. To address public concern about COVID-19 and to protect all parties, many bankruptcy courts have issued general orders implementing procedures and adopting protocols that balance public health and safety with parties’ need for emergency relief from the court.

    Filed under:
    USA, Delaware, New York, Texas, Virginia, Insolvency & Restructuring, Litigation, Hunton Andrews Kurth LLP, Bankruptcy, Coronavirus
    Authors:
    Ashley L. Harper , Timothy A. Davidson II
    Location:
    USA
    Firm:
    Hunton Andrews Kurth LLP
    Bankruptcy Court Disallows Secured Lender's Post-Petition Legal Fees for "Policing" Chapter 11 Case
    2019-05-08

    On March 27, 2019, the United States Bankruptcy Court for the Northern District of West Virginia issued an opinion holding that an over-secured creditor could not recover a portion of the creditor's attorney's fees incurred in connection with the borrower's bankruptcy proceeding despite provisions in the loan agreement that provided for recovery of attorney's fees "incurred in connection with the enforcement" of the loan documents.

    Filed under:
    USA, Virginia, Banking, Insolvency & Restructuring, Litigation, Hunton Andrews Kurth LLP
    Authors:
    Justin F. Paget , Nathan Kramer
    Location:
    USA
    Firm:
    Hunton Andrews Kurth LLP
    Lone Court Decision Complicates Question Regarding Effect of Bankruptcy Under WVCCPA
    2018-11-15

    The West Virginia Consumer Credit and Protection Act (“WVCCPA”) is a remedial statute designed to protect West Virginia consumers from improper debt collection. Only “consumers” have standing to file a lawsuit under the WVCCPA. The term “consumer” is defined as a natural person that owes a debt or allegedly owes a debt. But does a person still owe debt if that debt was discharged by a bankruptcy court? Although there is some conflicting case law in West Virginia, an answer is forming.

    Filed under:
    USA, Virginia, Banking, Insolvency & Restructuring, Litigation, Troutman Pepper, Bankruptcy, Debtor, Consumer protection, Debt, Foreclosure, Standing (law), Debt collection, Bankruptcy discharge, Circuit court
    Authors:
    Andrew B. Buxbaum , David M. Gettings , David N. Anthony , David Asbury
    Location:
    USA
    Firm:
    Troutman Pepper
    Virginia is for Lovers … And Chapter 11?
    2017-12-01

    It’s no secret that Delaware, New York (Southern District), and Texas (at least since the oil and gas crisis) have become known as the “hotspots” for filing large chapter 11 bankruptcy cases. Whether due to desirable precedent, well qualified judges, the responsiveness of the Courts to the need for prompt scheduling of hearings, or a sense of uniformity, most large companies have historically chosen to file in these venues. However, these popular venues appear to have a rival.

    Filed under:
    USA, Virginia, Insolvency & Restructuring, Litigation, Cole Schotz PC
    Authors:
    Brianne Lansinger
    Location:
    USA
    Firm:
    Cole Schotz PC
    Yes, Virginia, there is a Code Priority Scheme: Supreme Court Strikes Down Structured Dismissals in Jevic
    2017-03-23

    A potential threat to the Code’s priority scheme is the allowance of “structured dismissals,” which include a settlement as part of the dismissal of the chapter 11 case that would distribute estate assets in a manner that contravenes the Code’s priority rules.

    Filed under:
    USA, Virginia, Banking, Insolvency & Restructuring, Litigation, Foley & Lardner LLP, Bankruptcy, Leveraged buyout, United States bankruptcy court
    Authors:
    Charles Tabb
    Location:
    USA
    Firm:
    Foley & Lardner LLP
    Objection to Proof of Claim Not Barred by Res Judicata
    2017-02-09

    A Virginia bankruptcy court recently ruled that an objection to a proof of claim was not barred by the doctrine of res judicata when an order of confirmation was entered prior to the objection being filed.In re Haskins, No. 15-60644 (W.D. Va. Jan. 27, 2017) [Dkt No.

    Filed under:
    USA, Virginia, Banking, Insolvency & Restructuring, Litigation, Smith Debnam Narron Drake Saintsing & Myers LLP, United States bankruptcy court
    Authors:
    Caren Enloe
    Location:
    USA
    Firm:
    Smith Debnam Narron Drake Saintsing & Myers LLP

    Pagination

    • Current page 1
    • Page 2
    • Page 3
    • Page 4
    • Page 5
    • Page 6
    • Page 7
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days