Search results for Assignment For Benefit Of Creditors

Data Assets in Distressed Estates: Opportunity and Constraints for Assignees and Trustees

Buyers are increasingly approaching assignees and trustees seeking to acquire business data from distressed companies. These requests are typically framed in broad terms, focusing...

Assignments, Market Fundamentals and NDFI Risk, April 2026 - Understanding the Assignment

Tucked into the back of every credit agreement there is a “Miscellaneous” section that often gets less attention than the more-heavily negotiated covenants and defaults. While much...

Knowledge Nuggets - The Creditors' Committee – Pros and Cons of Membership

I. WHY THIS TOPIC IS IMPORTANT - Alongside the creditors’ meeting (Gläubigerversammlung), the creditors’ committee (Gläubigerausschuss) is the central body for creditor autonomy i...

IBC: Creditors realised ₹4 lakh cr; cases involving ₹14 lakh cr settled in pre-admission stage

Till March this year, a total of 8,987 cases had been admitted, and 7,102 reached closure.

Asset recovery in cross-border insolvencies

Commercial law. 

Garnet Capital Completes $2.9 Billion Loan Portfolio Liquidation for Chapter 7 Bankruptcy Trustee

Court Approves Foreclosure of Warren Steel, Allows Sale

WARREN, Ohio – A Trumbull County Common Pleas Court has given Warren Steel Holdings LLC three days to either satisfy more than $100 million in liens against its assets or have them...

Chapter 11 is Not a Spectator Sport

A recent decision from the U.S. Bankruptcy Court for the District of South Carolina, found here, delivers a clear and practical warning for lenders, special assets teams, and other...

Once‑dominant toy chain gambles on a quick sale to outpace mounting claims

Suppliers, landlords, and an insurer challenge the retailer’s path through creditor protection

Lender, special servicer pursue receiver for Orange County office campus

A lender and special servicer, on behalf of commercial mortgage-backed securities holders, requested a court-appointed receiver for an Orange County office campus. The parties alle...

Feds Say Trustee Should Take Over First Brands Case

A trustee can complete the bankruptcy “at a fraction of the existing costs,” the U.S. Trustee said in its request to convert First Brands to a Chapter 7 case. 

Wisconsin Reins in Assignment of Benefits- What Property Insurers Need to Know Before December 1, 2026

On April 8, 2026, Governor Evers signed 2025 Senate Bill 531, creating 2025 Wis. Act 230, which enacts a new provision of Wisconsin’s insurance statutes: § 632.11. Section 632.11 i...

Your Operator Just Filed Chapter 11: A Non-Operator's Practical Guide

A call from your land manager: the operator on a producing JOA filed Chapter 11 overnight. Wells are still flowing. A revenue check was supposed to land next week. The JOA gives yo...