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Judge Dorsey (Bankr. D. Del.) Holds that an Order Authorizing Payment of Prepetition Customer Obligations Does Not Preclude a Liquidating Trustee from Asserting a Preference Action

Written by Gregory J. Flasser On June 10, 2019, Insys Therapeutics, Inc. and its affiliated debtors (collectively, the “Debtors”) filed petitions for relief under Chapter...

Judge Shannon (Bankr. D. Del.) Holds that a Junior Secured Creditor Was Bound by the Terms of its Prepetition Intercreditor Agreement Barring it from Proceeds “Carved-Out” in an Agreement Between the Trustee and Senior Secured Creditor

Written by: Gregory J. Flasser  On May 29, 2009, Consolidated Bedding, Inc. and its affiliated debtors (collectively, the “Debtors”) filed a petition for relief under...

Judge Shannon (Bankr. D. Del.) Limits Claim Filed by Indenture Trustee for Post-Confirmation Fees to $3 Million for Reimbursement of Professional Fees that were Actually Incurred

Written by: Gregory J. Flasser In the latest opinion in the saga of the Tribune bankruptcy, Judge Shannon ruled that due to the language of...

Delaware Bankruptcy Court Confirms Plan of Reorganization of American Blue Ribbon Holdings, LLC, et al.

On September 16, 2020, Judge Laurie S. Silverstein of the United States Bankruptcy Court for the District of Delaware entered an order approving the Second Amended...

Delaware Bankruptcy Court Confirms Plan of Superior Air Charter, LLC

On September 4, 2020, Chief Judge Christopher S. Sontchi of the United States Bankruptcy Court for the District of Delaware entered an order approving The...

Bayard Selected as Delaware Counsel to the GNC Holdings, Inc. Unsecured Creditors Committee

Bayard, P.A. has been selected to serve as Delaware counsel to the Official Committee of Unsecured Creditors (the “Committee”) in In re GNC Holdings, Inc.,...

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