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,...
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...
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...
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),...
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...
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...