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Fourth Circuit Approves “Rising Tide” Distributions in Ponzi Scheme Receivership

In a recent opinion, the Fourth Circuit approved the use of the “rising tide” method for distributing assets to defrauded Ponzi scheme investors, as...
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Cotten Wright Competes as an “East All-Star” During NABT Annual Conference

During the 2024 Annual Conference for the National Association of Bankruptcy Trustees, Cotten Wright was selected as an “East All-Star” to exhibit her knowledge...
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When Does a Receivership Order Deprive a Company of the Ability to File Bankruptcy Without the Receiver’s Consent?

In In re Donelson, LLC, Case No. 3:24-bk-00879 (Bankr. M.D. Tenn. Apr. 25, 2024), the court held that the “typical” receivership order—vesting all corporate...
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Michael Martinez Presents at Bankruptcy Seminar on Ponzi Schemes

On May 17, 2024, Michael Martinez, together with Andy Barbee of GreerWalker LLP and Andy Houston of Moon Wright & Houston, PLLC, presented on...
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Anna Gorman Presents at First Commercial Receivers Association Event in Charlotte

On February 22, 2024, Anna Gorman, together with Matt Smith of The Finley Group and Charlie Livermon of Womble Bond Dickinson, gave a presentation...
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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...