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On May 27, 2008, the District Court of the Southern District of New York issued its decision upholding Bankruptcy Judge Lifland’s order denying recognition under Chapter 15 of certain Bear Stearns hedge funds’ Cayman Island foreign liquidation proceedings as either “foreign main proceedings” or as “foreign nonmain proceedings.” In re Bear Stearns High-Grade Structured Credit Strategies

The Small Business Reorganization Act of 2019 (the “SBRA”), which went into effect on February 18, 2019, provides for simplified small business reorganization for individuals and business entities under the new subchapter V of chapter 11. Subchapter V resembles the provisions of chapter 12 for family farmers, but incorporates also some of the provisions that

In a Chapter 7 or Chapter 13 bankruptcy case, a “creditors’ meeting” (or “341 meeting”) is held about six  weeks after the bankruptcy case is filed. Although called a “creditors’ meeting,” in most cases,  no creditors take the opportunity to attend.A Chapter 7 creditors’ meeting is usually presided over by the Chapter 7 trustee

Florida law provides a certain exemption for annuities. Florida Statute section 222.14 provides that “the proceeds of annuity contracts issued to citizens or residents of the state,  upon whatever form, shall not in any case be liable to attachment, garnishment … or legal process in favor of any creditor … of the person who is the beneficiary of such

The United States District Court of the Northern District of Florida’s landmark decision in Brenner, et al. v. Scott, etc., 999 F.Supp. 2d 1278 (2014) (regarding the constitutionality of Florida’s restrictions on marriage) makes reference to a U.S. Supreme Court case that was disposed of by  “summary disposition.”  The District Court stated that US Supreme