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The Automatic Stay's Potential Extension to Non-Debtor Parties in the Hydraulic Fracturing Sector | Reed Smith - Vimarsana News

The Automatic Stay's Potential Extension to Non-Debtor Parties in the Hydraulic Fracturing Sector | Reed Smith

Published: April 10, 2023

The statutory language is clear. As of a bankruptcy petition’s filing date, the automatic stay of section 362 constricts many a creditor and bars many an action. The broad scope of...

Source: jdsupra.com
Related Topics:
Amir ShachmuroveReed SmithAh Robins CoQueenie LtdSecond CircuitNorton JournalBankruptcy Law
Creditor Pays for Violating Stay in Mastic Bay | Fox Rothschild LLP - Vimarsana News

Creditor Pays for Violating Stay in Mastic Bay | Fox Rothschild LLP

Published: July 20, 2022

A recent Second Circuit opinion sets a bright-line rule: if the Debtor is named as a defendant in a pre-bankruptcy lawsuit, the automatic stay applies to halt further proceedings....

Source: jdsupra.com
Related Topics:
Queenie LtdFox RothschildBayview Loan ServicingSecond CircuitLong Island