Omni Logo
HOME WHO WE ARE SERVICES CASES NEWS CONTACT US
Tuesday, January 12, 2021

Welcome to the Bankruptcy
Today Newsletter.

Your daily access to recent significant Chapter 11 case filings, relevant restructuring news and samples of some of our current distressed company profiles.

Featured Recent Filings


CourtFiledDebtorCase NoAttorneyAssetsLiabilities
D. Del.1/11/2021Ferrellgas Partners Finance Corp.21-10020William E. Chipman, Jr.$0 - $50k$100M - $500M
D. Del.1/11/2021Ferrellgas Partners, L.P.21-10021William E. Chipman, Jr.$100M - $500M$100M - $500M
D. Del.1/11/2021Wardman Hotel Owner, L.L.C.21-10023Laura Davis Jones$100M - $500M$100M - $500M
N.D.N.Y.1/11/2021Ambica M&J Two LLC21-10014Justin A. Heller$1M - $10M$1M - $10M
S.D.N.Y.1/11/2021International Wealth Tax Advisors, LLC21-10041Henry G. Swergold, Esq.$100k - $500k$1M - $10M
N.D.N.Y.1/11/2021Jagdamba II Corp.21-10015Justin A. Heller$500k - $1M$10M - $50M
N.D.N.Y.1/11/2021Maha Laxmi II Corp.21-10016Justin A. Heller$1M - $10M$10M - $50M
N.D. Cal.1/11/2021Terrestrial Development, LLC21-50031E. Vincent Wood$1M - $10M$1M - $10M
C.D. Cal.1/11/2021Wildfire Inc.21-10161Kevin Ronk$1M - $10M$500k - $1M
S.D. Fla.1/11/2021Elite Power Nutrition, LLC21-10230Kevin Christopher Gleason$500k - $1M$500k - $1M
D. Mass.1/11/2021Ocean Realty Partners, LLC21-10025Neil Kreuzer$1M - $10M$1M - $10M
D.N.J.1/11/2021EAGLE ROADWAYS, INC.21-10174Steven J Sico$100k - $500k$500k - $1M
D.P.R.1/11/2021FADYRO DISTRIBUTORS, INC.21-00029NOEMI LANDRAU RIVERA, ESQ$1M - $10M$1M - $10M
M.D. Fla.1/10/2021Shinkucasi LLC21-00019Daniel R. Fogarty$500k - $1M$500k - $1M
D. Minn.1/10/2021Tea Olive I, LLC21-30037Clinton E. Cutler$50M - $100M$50M - $100M
N.D. Ill.1/9/2021Genesis Healthcare Institute, LLC21-00245Konstantine Sparagis$100k - $500k$100k - $500k
N.D. Tex.1/8/2021SBW Properties, LLC21-30035Eric A. Liepins$100k - $500k$100k - $500k
S.D. Fla.1/8/2021Anco Dental Lab, Inc.21-10159Barry S. Mittelberg$0 - $50k$50k - $100k
S.D. Fla.1/8/2021Gratitude Training, LLC21-10143Chad Van Horn$0 - $50k$1M - $10M
D.N.J.1/8/2021American Limousine LLC21-10121Dean G. Sutton, Esq.$1M - $10M$1M - $10M

View All Filings
Featured Article


French and US Bankruptcy Sales Compared

The mechanics for selling a debtor’s business or assets under Section 363 of the US Bankruptcy Code (363) are generally left to the debtor’s business judgment, even though some standard procedures are often employed. For example, an auction process with a stalking horse bidder is common, but not expressly required by the Code.

In contrast, French law provides a precise template for the sale of a business and assets in bankruptcy. Even though it contains some features similar to 363 sales, a French bankruptcy sale has several particularities that reflect the main goal of French bankruptcy law: safeguarding the business in order to protect jobs.

Read the full article

McDermott Will & Emery by Timothy W. Walsh, Timothée Gagnepain, Théophile Jomier, and Daniel Thomson. Published January 7, 2021.

Latest News



9 Ways The Recent Stimulus Bill Affects Bankruptcy

A Twist In Style: How Distressed and Bankruptcy Investing Is Different This Time

Congress Incentivizes Rent Deferral During COVID-19 Pandemic Through Bankruptcy Code Amendments In Stimulus Bill

Bankrupt Company's Deferred Compensation Plan Funded By A Rabbi Trust – What Could Go Right? Hint: It's Not 409A

Sharks' Evander Kane Files For Bankruptcy, Totally $26.8 Million Worth of Debt

Judge Overseeing Valaris Bankruptcy Rebuffs Alternate Restructuring Plan

18 Restaurant Chains That Have Filed For Bankruptcy

Retail Rents Falling From Manhattan To Los Angeles

Quick Links



Bankruptcy
Today Newsletter
Subcribe Now
Our daily newsletter provides access to recent significant chapter case filings, relevant restructuring news and samples of our current distressed company profiles.
brian-nl.jpg paul-nl.jpg alison-nl.jpg
Brian Osborne Paul Deutch Alison Miller
bosborne@omniagnt.com paul@omniagnt.com amiller@omniagnt.com
818.906.8300 212.302.3580 917.364.0508
© 2021 Omni Agent Solutions. All Rights Reserved