Bankruptcy Law News and Insights

Do I Really Have To Pay Default Rate Interest In Order To Reinstate My Loan?

Published: Sep 01, 2023
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In a scholarly, comprehensive and lengthy opinion written by one of the Southern District of New York's most recently appointed Bankruptcy Judges, the issue of whether the reinstatement of defaulted and accelerated debt requires the payment of default-rate interest and fees was answered in the affirmative, undoubtedly to the delight...

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Does WeWork’s Going Concern Warning Signal A Potential Bankruptcy Filing?

Published: Aug 18, 2023
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Three years have passed since the COVID-19 pandemic reached the United States and its effects are still being felt today. Even though lockdown measures have largely disappeared and many workers have returned to the office, flexible work has become a fixture in the workplace. The shift to remote and more...

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Is The Spark Gone?

Published: Aug 07, 2023
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Section 503(b)(9) of the Bankruptcy Code gives a massive boost to creditors that sold goods to a financially distressed customer shortly before the customer's bankruptcy filing. While claims for goods sold before a bankruptcy filing are typically treated as general unsecured claims that often receive pennies on the dollar (or...

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