wbng

‘iM3NY’ files motion to dismiss Chapter 11 case

ENDICOTT, N.Y. (WBNG) -- On Tuesday, “iM3NY,” the lithium-ion cell manufacturing gigafactory located in Endicott, filed a motion to dismiss its Chapter 11 case in the United States Bankruptcy Court ...
JD Supra

Filing of Adversary Proceeding Against Chapter 15 Debtor Violated Automatic Stay, and "Home Court" Rule Does Not Apply in Chapter 15 Cases

It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
JD Supra

Chapter 11 Case Dismissed for Lack of Corporate Authority

Ashley Stewart’s Chapter 11 case was dismissed after the United States Bankruptcy Court for the District of New Jersey (Meisel, J.) found that it was not an authorized filing. The court determined ...
Hosted on MSN

Huge US trucking giant collapses into Chapter 11 bankruptcy

A huge player in American freight has fallen into court protection, underscoring how fragile the trucking economy has become after years of volatility. The collapse of a 41-year-old logistics giant ...
Variety

Professional Bull Riders Accuses Dr. Phil of ‘Orchestrating’ Merit Street Bankruptcy and Forming New Company to Avoid Paying Creditors

“All evidence presently suggests that Phillip C. McGraw (‘Dr. Phil’) orchestrated this Chapter 11 Case to avoid menacing litigation against PBR and jumpstart Envoy Media Co. (‘Envoy’), a brand-new ...