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March 28, 2024
In an opinion on January 22nd, the Fifth Circuit Court of Appeals, in Matter of S. Coast Supply Co., 91 F.4th 376 (5th Cir. 2024), held that preference claims arising under 11 U.S.C. §...
February 29, 2024
The Fifth Circuit recently ruled that a debtor can sell a preferential transfer action under Bankruptcy Code section 363 to a purchaser that is not a representative of the bankruptcy...
February 20, 2024
Joining the Eighth and Ninth Circuit Courts of Appeals, the Fifth Circuit Court of Appeals recently held that a debtor or trustee can sell its avoidance actions to third-party,...
February 13, 2024
One year ago, we wrote that 2022 would be remembered in the corporate bankruptcy world for the "crypto winter" that descended in November 2022 with the spectacular collapse of FTX...
December 12, 2023
A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP")...
December 5, 2023
Pure Prairie Poultry (PPP) in Charles City continues to ramp up production as it enters its second year of operations. In November of 2022, PPP relaun
November 15, 2023
The brand will first be available at over 50 retail locations in Minnesota, North Dakota and Wisconsin.
August 31, 2023
An appeals court ruled recently that chapter 5 avoidance actions are property of a debtorโs bankruptcy estate that can be sold in section 363 sales. In re Simply Essentials, LLC, No....
August 10, 2023
Pure Prairie Poultry (PPP) in Charles City has announced the addition of two highly experienced meat industry executives to their leadership team. The