Anna Gorman was recently named as a new member of the Board for the Carolinas chapter of the Turnaround Management Association. Anna routinely represents...
Third Circuit Rules on When Foreign Receiver Displaces Board for Purposes of Bankruptcy Decisions
In a recent decision (Protopapas v. Brenntag AG (In re Whittaker Clark & Daniels Inc.), 2025 U.S. App. LEXIS 23439 (3rd Cir. 2025)), the...
Purdue Pharma Does Not Prohibit Temporary Injunctions During the Life of a Bankruptcy Plan
In Harrington v. Purdue Pharma, the Supreme Court held that chapter 11 bankruptcy plans may not afford permanent injunctive relief to non-debtor parties in...
Michael Martinez Presents at Western District Bankruptcy Seminar
On May 16, 2025, Michael Martinez, together with Joanne Wu-White of Poyner Spruill LLP and Shelley Abel, the U.S. Bankruptcy Administrator for the Western...
Michael Martinez Presents at Middle District Bankruptcy Seminar
On May 2, 2025, Michael Martinez, together with Gardner Raha of GreerWalker LLP and Andy Houston of Moon Wright & Houston, PLLC, presented on...
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...
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...
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...
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...
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...
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...
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...