Kirk Hartley
Due Process Dies Again in Chapter 11 – District Court in GM Case Affirms Orders Cutting off
Apparently I missed an important day in law school. That is, I assume there was a day in which some professor explained when and how it...
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Kirk Hartley
Mar 16, 20107 min
Example of Tort System Impact When Manufacturers Use Chaper 11 to Exit the Tort System – Many
Today is a soapbox day. In my view, a recent jury verdict in a car wreck case in Georgia nicely illustrates the very real tort system...
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Kirk Hartley
Mar 7, 20102 min
Banks Sued Six Months After the The Cubs Were Cleansed in Chapter 11
Remember that Crain’s reported that the the solvent Chicago Cubs would made a quick trip last fall through chapter 11 for a cleansing...
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Kirk Hartley
Dec 15, 20092 min
The Supreme Court Takes Unusual Action on Chrysler – Future Tort Impact Requires Some Thought
The Supreme Court acted in unusual fashion yesterday on Chrysler, and the actions create some issues that need further thought as to...
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Kirk Hartley
Dec 4, 20093 min
Litigation Stays and Overseas “Bankruptcy” Proceedings
Using bankruptcy code chapters 11 and 15 to avoid litigation is not quite as easy as some might think, as illustrated by an order that is...
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Kirk Hartley
Oct 30, 20091 min
Chapter 11 in Hong Kong ? What Would They Do With Mass Tort Claims ?
Here is an AmLaw article about the apparently fairly real possibility of chapter 11 type legislation in Hong Kong. This is getting ahead...
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Kirk Hartley
Oct 21, 20091 min
Delaware Catholic Diocese to Use Chapter 11 to Manage Tort Cases Regarding Priests
Law360 and various news services had articles over the last two days regarding the Delaware Catholic Diocese filing for chapter 11 due to...
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Kirk Hartley
Sep 23, 20095 min
Will There Soon Be Another Chapter 11 Tort Claim Trust for Chinese Drywall Claims Against an Insolve
This summer brought the Chrysler and GM chapter 11 cases in which bankruptcy courts issued wide-ranging injunctions that seek to block...
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Kirk Hartley
Sep 2, 20092 min
More on Bankuptcy Court Powers and Cutting Off Claims in Tort Cases
Today, more on the amazing world of bankruptcy where some say bankruptcy code section 105 may be used to issue an injunction to solve...
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Kirk Hartley
Aug 25, 20092 min
The Chapter 11 Game Goes On – Cubs to Use Chapter 11 for a Quick Cleansing and Injunction
This prior post reported on the possibility that the Tribune would put the Cubs into chapter 11 to cleanse the entity of risks. It’s now...
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Kirk Hartley
Jul 15, 20091 min
Would the Cubs Need Bankruptcy Court Approval to Put on The Take Sign in an Important Game (That Mig
The AmLaw Daily has more here on whether the Chicago Cubs corporate entity may file for chapter 11 to cleanse itself of potential claims...
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Kirk Hartley
Jul 13, 20092 min
Chicago Cubs to Follow GM and Chrysler in Using Chapter 11 – Just Another Tool for Managing/En
The following item from Crain’s Chicago Business speaks for itself as to today’s use of chapter 11 to manage/resolve risks and...
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Kirk Hartley
Jul 7, 20091 min
Some Bondholders Give Up in GM
An AmLaw blog article here reports some GM bondholders are not appealing because they lack funds to fight after Judge Gerber refused to...
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Kirk Hartley
Jun 28, 20091 min
GM Agrees to Assume Future Product Liability Claims and Asbestos Plaintiffs File Deposition Notices
The Wall Street Journal for June 29 is reporting that GM agreed to assume the financial burden of future product liability claims. The...
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Kirk Hartley
Jun 17, 20091 min
Bankruptcy Court Releases of Tort Claims Against Non-debtors – Where and When Are Releases Pro
In Chrysler, the Official Committee Of Unsecured Creditors has filed a “limited objection to the efforts of the debtors to obtain their...
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