Bankruptcy

April 3, 2018

Sad Case for Reclamation Claims in Bankruptcy Scenario: Not Dead but Barely Breathing

In 2006, after passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), Kohner, Mann & Kailas, S.C. (KMK) questioned whether reclamation claims […]
December 7, 2017

Important Bankruptcy Rule Amendments Went Into Effect on December 1, 2017

The Bankruptcy Rule Amendments Will Have a Significant Impact on Creditors, Including Secured Creditors   Overview   In this bulletin, we provide a brief summary of […]
October 6, 2017

Dot Your I’s and Don’t Forget the T’s: Lender Loses Its Secured Status for Missing ‘T’ in Borrower’s Middle Name

A recent bankruptcy case dramatically illustrates how critical it is for a lender to strictly comply with the requirements for creating a legally effective UCC financing […]
April 4, 2017

A Letter Of Credit and the Bankruptcy Paradox: Will It Protect You? – Maybe!

A letter of credit (“LC”) can be a valuable tool in a trade creditor’s arsenal to secure payment of an account and at the same time […]
April 4, 2017

Creditors’ Committees in Bankruptcy Cases

Consider the following scenario: The debtor filed a Chapter 11 reorganization case a couple of weeks ago and you just received an invitation from the Office […]