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Bankruptcy:  New U.S. Supreme Court Case on Automatic Stay – Holding Property To Maintain Status Quo Does Not (Necessarily) Violate Automatic Stay

Bankruptcy:  New U.S. Supreme Court Case on Automatic Stay Holding Property To Maintain Status Quo Does Not (Necessarily) Violate Automatic Stay:  Bankruptcy courts in most jurisdictions have held over the years that merely keeping property of a debtor after the debtor filed a bankruptcy petition violated the automatic stay provisions...

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NEW LANDLORD PROTECTIONS – COVID BANKRUPTCY FILINGS BY TENANTS

NEW LANDLORD PROTECTIONS - COVID BANKRUPTCY FILINGS BY TENANTS The newly enacted Consolidated Appropriations Act, 2021 (“CAP”) makes several amendments to the Bankruptcy Code based upon the severe financial hardships suffered by both tenant debtors and landlords as a result of the COVID-19 pandemic.  The amendments relate to the deferral...

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Bankruptcies are on the Rise Do Not Violate the Automatic Stay or Discharge Injunction

Bankruptcies are on the Rise Do Not Violate the Automatic Stay or Discharge Injunction The American Bankruptcy Institute issued a report on October 29th that indicated that as stimulus checks and other forms of temporary relief run out, experts are projecting an increase in personal bankruptcy filings, which have so...

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