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HTMLEnd of the Road For Aereo? Embattled Video Streaming Startup Files for Bankruptcy
Zachary W. Behler, Samuel J. Frederick, Mindi M. Johnson, Iris K. Linder, John W. Mashni; Foster, Swift, Collins & Smith, P.C.;
Legal Alert/Article
March 25, 2015, previously published on December 11, 2014
In a prior post we reported that in June the U.S. Supreme Court ruled that streaming television service, Aereo, violated U.S. copyright law in connection with its business and legal battle with the major broadcast networks. At the time, we posed the question of whether, despite losing the lawsuit,...

 

HTMLHouse Bill 64, as Introduced, Includes Expansion of Ohio’s Sales Tax to Debt Collection Services
Audra Taylor Funk; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
March 25, 2015, previously published on March 5, 2015
Ohio, like many states since the Great Recession, is looking to find a way to increase revenue while at the same time decrease small business income taxes and state income taxes for its residents. The current plan as proposed in the 2015-2016 budget includes not only an increase in the sales tax to...

 

HTMLPuerto Rico’s Recovery Act Ruled Preempted: What Now?
William W. Kannel, Leonard Weiser-Varon; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
March 25, 2015, previously published on February 8, 2015
At the end of “The Candidate”, Robert Redford’s title character, having won, famously asks, “What do we do now?”

 

HTMLBANKRUPTCY BEAT: Payments Made Directly From A DIP Account More Likely To Be “Unauthorized” Post-Petition Transfers
Jessica Grossarth; Pullman & Comley, LLC;
Legal Alert/Article
March 25, 2015, previously published on February 9, 2015
On December 19, 2014, The Honorable Julie A. Manning issued a Memorandum and Decision in the In re Louis Gherlone Excavating, Inc. case with respect to a Complaint filed by the Chapter 7 Trustee, Richard M. Coan (“the Trustee ”), to Avoid and Recover Unauthorized Post-Petition...

 

HTMLUSA Synthetic Fuel Corporation Files Bankruptcy; Will Pursue A Sale
Carl "Chuck" N. Kunz; Morris James LLP;
Legal Alert/Article
March 24, 2015, previously published on March 18, 2015
On March 17, 2015, following the lead of Quicksilver Resources Inc., USA Synthetic Fuel Corporation filed its own voluntary chapter 11 case in Delaware. The case is docketed as case no. 15-10599, and has been assigned to The Honorable Mary F. Walrath.

 

HTMLPlaintiffs’ Fraudulent Conveyance Complaint against Chapter 13 Debtor Defendants Was Void Ab Initio Since It Was Filed In Violation of Automatic Bankruptcy Stay
Colleen K. O'Brien; Semmes, Bowen & Semmes A Professional Corporation;
Legal Alert/Article
March 24, 2015, previously published on March 2015
In Kochhar v. Bansal, No. 435 (Maryland Court of Special Appeals, Feb. 27, 2015), the Court considered whether a civil Complaint filed against Chapter 13 Debtor Defendants while the automatic bankruptcy stay under 11 U.S.C. § 362(a) was in effect was void Ab Initio or merely voidable. The...

 

HTMLTexas-Based Oil and Gas Company, Quicksilver Resources Inc., Files Bankruptcy
Carl "Chuck" N. Kunz; Morris James LLP;
Legal Alert/Article
March 24, 2015, previously published on March 17, 2015
On March 17, 2015, Quicksilver Resources Inc., a Texas based oil and natural gas producer and developer, and 13 of its affiliates, filed chapter 11 bankruptcy petitions in the United States Bankruptcy Court for the District of Delaware. The petition lists assets of $1.2 billion and liabilities of...

 

HTMLFour Non-Core Matters and A RICO Claim Don’t Justify Immediate Withdrawal of Reference, USDC Rules
Carl "Chuck" N. Kunz; Morris James LLP;
Legal Alert/Article
March 24, 2015, previously published on March 15, 2015
On March 12, 2015, Judge Leonard P. Stark, of the United States District Court for the District of Delaware denied a defendant’s motion to withdraw the reference from the Bankruptcy Court.

 

HTMLThe Standard Register Company Files Bankruptcy
Carl "Chuck" N. Kunz; Morris James LLP;
Legal Alert/Article
March 23, 2015, previously published on March 12, 2015
On March 12, 2015, The Standard Register Company, based in Ohio, and several affiliates filed a voluntary chapter 11 bankruptcy petition in Delaware. The case has been docketed as case no. 15-10541, and has been assigned to the Honorable Brendan Linehan Shannon.

 

HTMLChromcraft Revington, Inc. and Sport-Haley Holdings, Inc. file Chapter 11
Eric J. Monzo; Morris James LLP;
Legal Alert/Article
March 23, 2015, previously published on March 10, 2015
On March 5, 2015, Chromcraft Revington, Inc.(“Chromcraft”) and Sport-Haley Holdings, Inc. (“Sport-Haley”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. Copies of the petitions are linked here: Chromcraft petition and Sport-Haley...

 


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