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Delaware Bankruptcy Court Weighs in: Debtors Are Not Excluded From Bankruptcy Code's Definition of "Financial Participant" and Safe Harbor | Weil, Gotshal & Manges LLP


Introduction
In a recent decision, the U.S. Bankruptcy Court for the District of Delaware (Shannon, J.) rejected an argument that the safe harbor provision of section 546(e) of the Bankruptcy Code is not available to debtors because section 101(22A)’s definition of “financial participant” excludes debtors. Instead, the court in
Kravitz v. Samson Energy Co., LLC (
In re Samson Res. Corp.), No. 15-11934 (BLS), 2020 WL 7700693 (Bankr. D. Del. Dec. 23, 2020) held that the term “financial participant” does not exclude debtors. In reaching its conclusion, the court conducted an in-depth textual analysis of the statute, ultimately settling on a “natural reading” and “plain text” interpretation. The court’s holding which is contrary to a decision by the U.S. District Court for the Southern District of New York may serve as useful precedent for debtors seeking to utilize the safe harbor provision of section 546(e) as an affirmative defense against av ....

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Rehoboth Beach-area shooting: Milford officer wounded leaves hospital


Delaware News Journal
Dozens of people formed a pathway outside Christiana Hospital on Thursday afternoon. They came from law enforcement agencies in Delaware, and they were there to show support for Sr. Cpl. T.J. Webb, the 38-year-old Milford officer who was shot multiple times last week while trying to arrest a Pennsylvania fugitive near Rehoboth Beach.
Webb was released from Christiana on Thursday and transferred to a rehabilitation facility to continue recovering from several surgeries. He was wheeled out on a stretcher, and those lining the path applauded as he passed. 
The ride to the rehab facility drew a police escort with more law enforcement officers and their vehicles lining Route 1. American flags flew above on overpasses courtesy of area fire departments. ....

United States , Rehoboth Beach , Johnj Jankowski Jr , Evelio Rivera , Delaware State Police Federal Credit Union , Delaware News , Milford Officer , News Journal , Christiana Hospital , Rehoboth Beach Area , ஒன்றுபட்டது மாநிலங்களில் , ரெதோபோத் கடற்கரை , டெலாவேர் நிலை போலீஸ் கூட்டாட்சியின் கடன் தொழிற்சங்கம் , டெலாவேர் செய்தி , மில்ஃபோர்ட் அதிகாரி , செய்தி இதழ் , கிறிஸ்டியானா மருத்துவமனை , ரெதோபோத் கடற்கரை பரப்பளவு ,