Posts by Albena Petrakov, Esq.
How Not to Violate the Automatic Stay
The automatic stay is “one of the fundamental debtor protections provided by the bankruptcy laws” of this country.”. It is…Read More
Foreign Proceedings: When is Chapter 15 Out of Reach for Foreign Liquidators?
This article provides an update on trends in the case law recognition of foreign insolvency proceedings under Bankruptcy law. Global…Read More
Wrinkles in Bankruptcy Court’s Jurisdiction: Assumption of Executory Contracts in A Foreign Company’s Chapter 11
Foreign companies frequently choose to reorganize in the United States under Chapter 11 of the Bankruptcy Code. A few recent…Read More
Bankruptcy 101 for Mortgage Lenders
This summer First Guarantee Mortgage Company filed for bankruptcy in the District of Delaware. Mortgage market analysts forecast a string…Read More
When Bad Things Happen To Good People: Good Faith Is Not Enough When Investing in (What Later Turns Out To Be) a Ponzi Scheme
What happens when a good faith investor learns it invested in a Ponzi scheme and is presented with a claim…Read More
Crypto Frame Taking Shape in Real Time
CNBC recently reported on the EthCC conference in Paris, a gathering for hardcore Ethereum developers and technologists. A special spinoff…Read More
When Does the Automatic Stay Protect Companies that are Not in a Bankruptcy Proceeding?
Last week Reuters published an article titled “How a “bankruptcy innovation” halted thousands of lawsuits from sick plaintiffs.” The mechanism…Read More
Subchapter V Corner
The $7,500,000 debt ceiling for Subchapter V Filings Is About to Sunset in March. With the enactment of Subchapter V…Read More
Demystifying the Bankruptcy Process – Part Six
Demystifying the Bankruptcy Process – Part Six Read previous articles here: Part One Part Two Part Three Part Four Part…Read More
Demystifying the Bankruptcy Process – Part Five
The COVID-19 pandemic has created a lot of turmoil in every industry and every company. Stay-at-home mandates forced most retailers,…Read More