February 2021
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Bankruptcy - Industry Insights
Rolta International- Alabama bankruptcy Court rejects Chapter 11 bankruptcy petition
In a recent judgment[1], the United States Bankruptcy Court for the Northern District of...
No Relaxation for Delaying Debtor Rent Obligations Beyond 60-Day Statutory Period
The U.S. Bankruptcy Court for the Southern District of Texas recently granted...
North Carolina Bankruptcy Court Allows Trustee to Avail Look-Back Period under IRS for Avoidance of Transfers
The U.S. Bankruptcy Code provides for certain avoidance powers to trustees, which a...
Can Creditor Pursue Claims Abandoned by Bankruptcy Trustee?
For an unsecured creditor of a company undergoing the bankruptcy proceedings,...
Delaware Bankruptcy Court denies Post-Petition Lien Perfection
The United States Bankruptcy Court for the District of Delaware recently gave a remarkable...
Consolidated Appropriations Act, 2021: Bankruptcy Code Amendments in the Wake of the Pandemic
On December 27, 2020, Consolidated Appropriations Act of 2021 (“Act”) was enacted to fight...
U.S. Supreme Court Resolves Issue of Automatic Stay and Passive Retention of Debtor’s Property
Circuit Courts have been discussing on the issue that whether an entity violates automatic...
Chapter 11 Bankruptcy and Hotel Franchisee, in COVID times
It is no surprise that the COVID-19 pandemic has destroyed the hotel industry all over the world.
Bankruptcy Aid to Financial Sufferers of COVID 19
COVID 19 outbreak since it was first diagnosed has negatively affected the global economic growth.
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