“That ain’t right. Baby, that ain’t right at all.”

– Nat King Cole

Judge Christopher Sontchi of the United States Bankruptcy Court for the District of Delaware has now weighed in on a hotly debated circuit court split.

August is that hot, humid time of the year when many professionals in the concrete jungles across this country decide to quietly slip away to more scenic locales (if you don’t believe us, try calling up your stockbroker right now… go ahead, we’ll wait).  Unfortunately, fellow bankruptcy practitioner, the law waits for no one.

When an oversecured creditor forecloses on a debtor’s property after the automatic stay has been lifted, does the Bankruptcy Code (as opposed to state law) govern recovery of attorney’s fees and other amounts from the sale proceeds? Does the bankruptcy court have jurisdiction over the distribution of such proceeds? In Goldsby v.

“I’ll be representing, representing” – Ludacris feat. Kelly Rowland

This article has been contributed to the blog by Edward Sellers and Patrick Riesterer.

The Supreme Court’s recent decision in Bank of America, N.A. v.

The U.S. Bankruptcy Court for the Northern District of Illinois recently held in Krol v.

On March 3, 2015, the Eighth Circuit issued an 

This article has been contributed to the blog by Ziyi Shi.  Ziyi Shi is an associate cross-appointed to the Corporate Group and Insolvency and Restructuring Group of Osler, Hoskin & Harcourt LLP.