United States: Insolvency/Bankruptcy/Re-Structuring

A lapsed financing statement may not extinguish a creditor's secured position in a bankruptcy case, according to a recent decision issued by the Utah Bankruptcy Court styled Thomson v. Short (In re Short)...

Lenders have likely encountered situations where borrowers push back against collection efforts.

In his latest article for The Bankruptcy Strategist titled, "Third Circuit's Mootness Debate Avoids Reversal of Confirmation Order," Schulte Roth & Zabel of counsel Michael L. Cook explains the Third Circuit's dismissal of two tort claimants' appeals in the Boy Scouts of America reorganization case on the ground of statutory mootness.