This decision is based upon a series of bankruptcy cases involving OnSite. The entities involved in operating OnSite, referred to as the “OnSite parties,” placed dispensing machines with long-term ...
The long awaited ruling in Mission Products Holding, Inc. v. Tempnology LLC (In re Tempnology) has simplified the intersection of bankruptcy and trademark law, with the court holding that rejection ...
Most businesses are (reluctantly) required to deal with customers, suppliers and counterparties to agreements that enter bankruptcy proceedings, yet there is a great lack of knowledge as to how the ...
In an opinion issued by the U.S. Court of Appeals for the Fifth Circuit dated Aug. 11, in a case styled In re Falcon V, case no. 21-30668, the court held a surety bond is not an executory contract, ...
There has long been a tension in the U.S. Bankruptcy Code between Section 541 ("Property of the estate") and Section 365 ("Executory contracts and unexpired leases"). Section 541 essentially provides ...
The most important reason to understand bankruptcy is to protect yourself from the draconian results that can result to you from a bankruptcy of the other party to a transaction. The United States ...
No matter how talented and intelligent you are, your job security is only as strong as your employer's financial condition. Even with a rock solid employment contract, it's possible to lose your job ...
The events of the past month and rapid increase of interest rates will put further pressure on certain sectors of the economy, including the real estate sector. While it is difficult to predict where ...
Under the U.S. Bankruptcy Code as it currently exists, there are minimal protections for residents of a Continuing Care Retirement Community (CCRC) when a CCRC files for bankruptcy protection.