Judge Karen B. Owens recently released Phase 1 Reopening Hearing Procedures and General Reminders dated July 1, 2020 (the “Hearing Procedures”), which set forth: (i) the manner of hearings, (ii) certain procedures for in-person hearings, and (iii) general reminders.
According to the Hearing Procedures, hearings will be held telephonically via CourtCall. However, in certain circumstances…
In the recent decision of Automotive Coalition for Traffic Safety, Inc. v. Joyson Safety Systems Acquisition, LLC, et al., (In re: TK Holdings, Inc., et al.), (Bankr. D. Del. June 18, 2020), the Delaware Bankruptcy Court adjudicated ownership of certain patent rights (the “Patent Assets”) between Automotive Coalition for Traffic Safety (“ACTS”) and TK Holdings…
In the recent decision of In re MTE Holdings, LLC, et al., Case No. 19-12269 (CSS) (Del. Bankr. June 8, 2020), the Delaware Bankruptcy Court determined whether a landowner that leases mineral rights to a debtor is entitled to an administrative claim against the debtor for accessing its land and installing a tank battery. …
Templar Energy, an oil and gas driller, filed for Chapter 11 bankruptcy protection on June 1, 2020 in the Delaware Bankruptcy Court, becoming the latest mega energy company to waive the white flag after a precipitous drop in commodity prices over the last several months.
In a declaration filed with the Delaware Bankruptcy Court, Chief…
The United States Supreme Court, in a unanimous decision authored earlier this year by Justice Ginsberg, held that a bankruptcy court’s denial of a motion for relief from stay is a final, appealable order, and therefore must be appealed within the time frame set forth in Federal Rule of Bankruptcy Procedure 8002. Ritzen Group, Inc. …
