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NCBA Bankruptcy Section Presents Lifetime Achievement Award to Joe Grier

During the 46th Annual Bankruptcy Institute produced by the North Carolina Bar Association, the NCBA Bankruptcy Section honored Joe Grier with the 2023 Lifetime...
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A Personal Guaranty Executed Prior to the Petition Date May Not be Discharged in Bankruptcy Under Certain Circumstances

In a Chapter 7 bankruptcy, a discharge eliminates the debtor’s liability for debts that arose before the bankruptcy. But what about a guarantee of...
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Michael Martinez Presents at 2023 NABT Annual Conference in D.C.

On August 17, 2023, during the National Association of Bankruptcy Trustee’s 41st Annual Conference held in Washington, D.C., Michael Martinez presented with Aleida Martinez-Molina...
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NAFER Spotlights Michael Martinez

A member spotlight featuring Michael Martinez was included in the most recent volume of The Receiver, the official publication of the National Association of...
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Are plan provisions that violate bankruptcy rules binding on creditors?

In a decision that extended the reasoning of United Student Aid Funds, Inc. v. Espinosa, 559 U.S. 260 (2010), to confirmed chapter 12 plans,...
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Do Economic Interest Transfer Restrictions in Operating Agreements Bind Trustees and Receivers?

Whether to guard against outsiders gaining an interest in a closely-held business, to avoid regulatory oversight, or to achieve some other protection, LLC operating...
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Grier Law Members Selected to 2023 Super Lawyers

Grier Wright Martinez, PA members Joe Grier, Cotten Wright, and Michael Martinez were selected as Super Lawyers in the area of Business Bankruptcy in...
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Anna Gorman Presents on N.C. Commercial Receivership Act

On November 11, 2022, during the North Carolina Bar Association’s 45th Annual Bankruptcy Institute CLE event (the first one held in person since 2019),...
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When May a Debtor Modify a Nonconsensual Subchapter V Plan?

Once a subchapter V chapter 11 debtor confirms a plan without the consent of all classes of creditors, the debtor may only modify the...
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A quick return – at impressive rates – on an initial investment. Who wouldn’t want that?

Such is the lure of Ponzi schemes. First identified by the Supreme Court in the 1924 case of Cunningham v Brown, 265 U.S. 1...