Walk a mile in my shoes

Walk a mile in my shoes

Yeah, before you abuse, criticize and accuse

Walk a mile in my shoes

(Elvis Presley, “Walk a Mile in My Shoes”)

Walk a mile in these Louboutins

But they don’t wear these *%!# where I’m from

I’m not hating, I’m just telling you

The conflict between sections 363(f) and 365(h) of the Bankruptcy Code involves the question of whether a debtor-le

As we’ve noted on several occasions, parties in interest in a bankruptcy case generally hope for “big money – no whammies” (“

In this Throwback Thursday piece, we revisit the Seventh Circuit’s landmark decision Levit v. Ingersoll Rand Financial Corp. (In re Deprizio), better known as Deprizio.  This decision was a contender for best quote in a case in Weil’s 2014 March Madness competition.  As we noted then, “Mr.

As we previously reported, on April 1, 2015, the Supreme Court heard oral argument inBullard v.

In a recent 

Undersecured creditors may breathe a little easier.  In a recent decision, the United States Bankruptcy Court for the Northern District of Illinois denied the debtors’ request to use an undersecured creditor’s cash collateral, in the form of postpetition rents, to pay estate professional fees, holding that the undersecured creditor was not adequately protected even though the value of its collateral was stable and possibly increasing.  

In September 2014, in response to the Argentinian and Greek debt crises, both the International Monetary Fund (IMF) and the United Nations General Assembly (UN) published their proposals for making the restructuring of sovereign debt a more orderly process. The IMF’s focus is on firming up the contractual framework of sovereign bond documentation, while the UN’s focus is on establishing a legal framework for sovereign debt restructuring.

Today, in the latest installment of our series reviewing the Final Report and Recommendations of the American Bankruptcy Institute Commission to Study the Reform of Chapter 11, we review the Commission’s comments on (i) venue and (ii) core and noncore matters – discussed in sections IX.A and IX.B, respectively.

Providing proper notice to existing and potential creditors is an important consideration for debtors’ counsel. A seminal Supreme Court decision established that due process for “unknown” claimants is generally satisfied by publication notice, so long as it is reasonably calculated to reach such creditors under the circumstances.