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[Advertising] Killed the Radio Star

[Advertising] Killed the Radio Star

For those vintage enough to remember, “Video Killed the Radio Star” was released by a little-known band called The Buggles way back in 1979.  The hypnotic anthem, which incidentally sounded like it was mixed using telephone audio, was a cautionary tale of how emerging...

Exploring the Metaverse: Law Firms Investing in Virtual Real Estate

Exploring the Metaverse: Law Firms Investing in Virtual Real Estate

Introduction In recent years, the concept of the metaverse has transitioned from science fiction to a tangible reality. With the convergence of virtual reality, augmented reality, blockchain technology, and artificial intelligence, the metaverse represents a new...

Bankruptcy Filings… The Roller Coaster Trend

Bankruptcy Filings… The Roller Coaster Trend

Bankruptcy statistics from the American Bankruptcy Institute show Bankruptcy filings from all bankruptcy filings totaled 35,479 in the month of April 2023, this includes business and non-business filings. This is a 9 % increase from the 32,530 overall filings in April...

Remote Depositions by Subpoena: Issues for the “Zoom” Era

Remote Depositions by Subpoena: Issues for the “Zoom” Era

Depositions are an important part of the discovery process in civil litigation. They are the only opportunity provided to attorneys in litigation to question and elicit testimony on the record prior to trial. Not so long ago the norm for the taking of depositions was...

The (Not So) Strange Case of the Texas Two-Step

The (Not So) Strange Case of the Texas Two-Step

It is not an uncommontrope in media for a protagonist to split themselves into separate beings: goodand bad. In Robert LouisStevenson’s The Strange Case of Dr. Jekyll and Mr. Hyde, Dr. Jekylltakes a serum and transforms himself into Mr. Hyde. He does this to indulge...

Bankruptcies in these Precarious Times of COVID-19

Bankruptcies in these Precarious Times of COVID-19

During these unpredictable times, COVID-19 seems to have impacted virtually every sector of the U.S. economy; from the unemployment rate, to the U.S. gross domestic product, and even at times the grocery aisles and gas stations.  With the uncertainties of...

Jevic: It’s Back for the Bankruptcy Attorney Business

Jevic: It’s Back for the Bankruptcy Attorney Business

The landmark commercial bankruptcy case Czyzewski v. Jevic Holding Corp. (2017), as originally filed in 2008, made bankruptcy case law by holding that a structured Chapter 11 settlement may not include distribution to creditors in violation of the priorities in...

The Tricky Evolution of Personal Jurisdiction

The Tricky Evolution of Personal Jurisdiction

While a defendant in a bankruptcy adversary case cannot waive subject matter jurisdiction, a different set of rules apply in personal jurisdiction. Reynolds v. Behrman lays out some of the groundwork for understanding how these rules apply, offering crucial insight...

Lien Disclosure and Renewal in Bankruptcy

Lien Disclosure and Renewal in Bankruptcy

On February 2, 2021, the U.S. Bankruptcy Court for the Northern District of Ohio issued a judgement on In re Horvath, a case in which Debtors reopened a Chapter 7 bankruptcy case ten years after the lien had originally been filed in order to avoid a renewed lien....

Fed Sounds Alarm on Commercial Real Estate and Business Bankruptcy

Fed Sounds Alarm on Commercial Real Estate and Business Bankruptcy

The February Monetary Policy Report sent to Congress by the Federal Reserve contained sobering news about commercial real estate. "Insolvency risks at small and medium-sized firms, as well as at some large firms, remain considerable,” the report concluded. It also...

How Business Bankruptcies Work

How Business Bankruptcies Work

In today's competitive market, even the most brilliant entrepreneurs may need to take drastic steps to preserve their financial health. Many look to bankruptcy as a viable solution but may be surprised to discover that this process can be very versatile and less...

Everything You Need to Know About Chapter 11 Bankruptcy

Everything You Need to Know About Chapter 11 Bankruptcy

Chapter 11 bankruptcy, most commonly used by corporate entities, involves the reorganization of a debtor’s business dealings, assets, and debts. Chapter 11 is perhaps the most complex form of bankruptcy under U.S. bankruptcy laws, so it makes sense that you might have...

What Are the Types of Bankruptcy for Businesses?

What Are the Types of Bankruptcy for Businesses?

Business bankruptcy might bring to mind bleak images of financial ruin that involve the loss of all valuable property. In reality, bankruptcy takes many forms—and in several situations, it’s a viable solution to the burden of debt that overshadows many business...

Student Loan Debt

Student Loan Debt

Student loan debt is at an all time high, but too many people’s surprise, it is helping the U.S.  Economy - according to a new report released by the White House Council of Economic Advisers. During times of high unemployment, enrollment in college typically...

Caesars Bankruptcy Venue Determined

Caesars Bankruptcy Venue Determined

On Wednesday, January 28, 2014, Delaware Bankruptcy Judge Kevin Gross ruled the reorganization of Caesars Entertainment Corp.’s largest operating unit will take place in Chicago.  Clearly, this is a major victory for the company.  A week prior, creditors in...

The Outer Limits of Discharge Explored by the Ninth Circuit BAP

The Outer Limits of Discharge Explored by the Ninth Circuit BAP

As recently reported by the American Bankruptcy Institute (ABI), the Ninth Circuit Bankruptcy Appellate Panel (BAP) has issued a decision that explores “the fringes of the bankruptcy discharge injunction.” They provided meaning for “personal liability of the debtor”...