by Tom Bielli | Oct 8, 2019 | Bankruptcy |
Bielli & Klauder, LLC is proud to report that it was selected as counsel to the Official Committee of Unsecured Creditors in the XTL-PA, Inc. and XTL, Inc. bankruptcy cases. The selection is pending approval of the United States Bankruptcy Court for the Eastern...
by Cory P. Stephenson | Nov 10, 2017 | Bankruptcy |
With the help of Bielli and Klauder, LLC, in October of 2017, Short Bark Industries Inc. finalized a sale of substantially all of its assets to Point Blank Enterprises, Inc.. The sale took place following Short Bark’s Chapter 11 Bankruptcy filing with the U.S....
by Cory P. Stephenson | Sep 12, 2017 | Bankruptcy |
The Rooker-Feldman doctrine is a jurisdictional rule that prevents lower federal courts (including the Bankruptcy Courts) from exercising appellate jurisdiction over final state-court judgments. The rule is in place because these types of appeals are reserved for the...
by Cory P. Stephenson | May 24, 2017 | Bankruptcy, News |
The company filed chapter 11 bankruptcy in the Fall of 2016 with almost $6,000,000.00 in liabilities, the majority of which consisted of claims for unpaid taxes and factored receivables. By filing a chapter 11 bankruptcy, the debtor was able to continue operating and...
by Cory P. Stephenson | Apr 10, 2017 | Bankruptcy, News |
Depending on the nature and timing of a transfer by an individual or entity that later files bankruptcy, a bankruptcy trustee may have the right to have whatever property of the now-debtor returned. This creates the potential for transfers of property or payments of...
by Cory P. Stephenson | Apr 5, 2017 | Bankruptcy, News |
The bankruptcy matter In re Millennuium Lab Holdings II, LLC, et al. (District of Delaware Case No. 15-12284-LSS) recently resulted in some non-binding guidance on a growing issue in chapter 11 bankruptcy cases – third party releases. Background Chapter 11...
