Business Reorganization

5th Circuit Jan 3, 2023

Unlike the Eleventh Circuit, Barton Is Alive and Well in the Fifth Circuit

In a case irreconcilable with two recent opinions from the Eleventh Circuit, the Fifth Circuit invokes Barton to bar a lawsuit against a trustee after the bankruptcy case had been closed.

A Former Marijuana Business Isn’t Grounds for Dismissal, Los Angeles Judge Says

Judge Neil Bason allows a chapter 11 debtor to distribute the proceeds from the sale of a cannabis business.

Legislative Highlights February 2023

Legislative Highlights Biden Administration Unveils Plans to Ease Rules for Income-Based Student Loan Forgiveness The Biden administration on Jan. 10 released 1 a detailed plan that aims to make it easier for student loan holders to wipe out their debts using income

Coming Back Around: Legislative Issues Likely to Resurface in the 118th Congress

Coming Back Around: Legislative Issues Likely to Resurface in the 118th Congress While new legislation and fresh issues await both chambers of the 118th Congress, which convened on Jan. 3, insolvency practitioners should anticipate a number of priority bankruptcy issues