“Back to school…back to school…to prove to dad that I’m not a fool” – Billy Madison

It’s September. The beaches are clearing out, the Pumpkin Spice Lattes are back in circulation, and school is back in session. For law schools, that means that traffic on flash deal websites and Facebook is way back up (by the way, whatever happened to Scrabulous?), 2L interview season has been over for almost a month, and Above The Law is speculating about bonuses or something of the sort. But along with all the fun, the Weil Bankruptcy Blog is happy to announce that we are looking for talented law students or recent law school graduates to submit their work for consideration for our first Law Student Bankruptcy Note Competition. So if you’ve recently completed or are working on an academic piece of writing that is of interest to the bankruptcy and restructuring community, please consider submitting your work for consideration. More information and an application form follow. In addition to bragging rights and a (figurative) badge of bankruptcy nerdery, the winner will have his or her entry published, together with a blog-length summary, on the Weil Bankruptcy Blog and will have the distinction of being the first annual winner of the coveted, yet to be named, Weil Bankruptcy Blog Best Bankruptcy Note of the Year Award. Continue reading >>

Our Last Day Off of the Summer

August 29, 2014

As the unofficial last day of summer approaches, we imagine many of you are heading out of your offices early to enjoy one last long weekend of swimming, barbequing, and just plain ol’ relaxing.  In honor of the Labor Day weekend, we at the Weil Bankruptcy Blog are taking a well-deserved day off today.  We’ll […]

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The Business Behind Renting a Resort Villa

August 28, 2014

Some of our readers may have had the pleasure of renting a resort villa during their summer vacation (electronic postcards of such fancy digs are always welcome at the Weil Bankruptcy Blog, especially if you pose for a photo where you are reading one of our entries!). For the uninitiated (including yours truly), villas are […]

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Failure to Provide a Translation Does not Translate to Victory

August 27, 2014

Proofs of claim filed against a debtor can be as varied as the claimants themselves. Everything from hand-written notes to hundreds of pages of sophisticated corporate documents has been submitted in support of claims. Matters become even more complicated when the claimant is a foreigner relying on foreign law and foreign language documents. In Solar […]

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What’s the Difference Between a Contested Matter and an Adversary Proceeding Anyway?

August 26, 2014

The difference between a contested matter and an adversary proceeding is relatively simple – a contested matter involves a contested request for relief in the context of the main bankruptcy proceeding (pursuant to Rule 9014 of the Federal Rules of Bankruptcy Procedure), while an adversary proceeding involves the filing of a complaint, commencing a separate […]

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Flexibility on Finality: Over Dissent, First Circuit Splits from Majority in Holding That Orders Denying Relief from Stay Are Not Always Final

August 25, 2014

The United States Court of Appeals for the First Circuit contributed to a circuit split regarding jurisdiction in its recent decision in Pinpoint IT Services, LLC v. Rivera (In re Atlas IT Export Corp.). In this case, the court considered whether orders denying relief from the automatic stay are final and appealable as a matter […]

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Practice Pointers from the Second Circuit: A Prohibited Power Grab Can Be “Taxing”

August 22, 2014

INTRODUCTION Today we bring you the sequel to last year’s four-part series on United States v. Bond — the tale of three related telecommunications corporations (which we will refer to as the “PT-1 debtors”) whose chapter 11 cases spawned a series of tax-related disputes. Now, the Second Circuit has weighed in, and its decision serves […]

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