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Bankruptcy Court Won’t Dabble in Case Concerning a Marijuana Business

PBWT

“[E]nsnared between his involvement in a business that is legal under the laws of Arizona but illegal under federal law,” one debtor’s chapter 13 petition was recently dismissed due to his undisputed violations of the Controlled Substances Act. Bankruptcy Court for the District of Arizona. LEXIS 256 (D.

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Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Collection Industry News

Our comprehensive services cater to businesses dealing with debtor companies or surplus inventory. Case Study: Machinery and Equipment Liquidation At Dudley Resources, we understand the urgency businesses face when dealing with debtor companies and the need for rapid machinery and equipment liquidation.

Debtor 40
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Releases: How Did We Get Here and What is Next?

PBWT

As a result of Purdue Pharma’s proposed plan of reorganization, and the ongoing opioid epidemic that continues to grip the nation, the debate over non-consensual third-party releases has gone mainstream despite being a popular tool for debtors for decades. 2015) (upholding bankruptcy ruling approving third-party releases).

Debtor 65
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Burr’s Derek Meek and Mike Hall Named to Lawdragon’s Inaugural Leading Bankruptcy Lawyers List

Burr Forman

Bankruptcy and Restructuring Lawyers. Derek is the chair of the firm’s Creditors’ Rights and Bankruptcy practice group and a Fellow in the American College of Bankruptcy. Mike is also a partner in the firm’s Creditors’ Rights and Bankruptcy Practice Group.

Lawyers 40
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Regulatory Exception to Automatic Stay Allows Court to Hear Antitrust Case

ABI

John’s University School of Law American Bankruptcy Institute Law Review Staff Endo Pharmaceuticals (“Endo”) develops, manufactures, markets, and distributes prescription pharmaceutical products. Endo filed a notice of suggestion of bankruptcy and automatic stay of proceedings in the D.C. Kathleen Gatti St.

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In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Chicago American Manufacturing, LLC , 686 F.3d A rejection breaches a contract but does not rescind it.

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Rejection Time: On February 20th The Supreme Court Hears Oral Argument On The Big Question In The Tempnology Case — Does A Trademark Licensee Lose Its Rights Upon Rejection?

In the Red

What is the effect of rejection of a trademark license by a debtor-licensor? The case has gone from the bankruptcy court , to the Bankruptcy Appellate Panel , and then to the First Circuit. Chicago American Manufacturing, LLC , 686 F.3d The Big Question. 3d 382 (7th Cir. The Supreme Court Briefs.