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Amann Burnett News

In Milwaukee……the 7th Circuit holds that an individual debtor’s prior bankruptcy did not discharge liability on a personal guarantee for debts incurred after bankruptcy.

In Reinhart FoodService LLC v. Schlundt, 21-1027 (E.D. Wis. Oct. 27, 2022), a 7th Circuit case, District Judge Brett H.… Read More »

Category: Business Law Tags: personal guarantee business debt discharge

In re Spookyworld v. Town of Berlin, 346 F.3d 1 (1st Cir. 2003); Core, Non-Core and Corporate Remedies for Stay Violations Under § 105

Happy Halloween!  This “old” case and appeal concerns efforts by the Town of Berlin to bring certain Halloween attractions owned… Read More »

Amann Burnett, PLLC attends Lawrence Bar Association Dinner to honor Attorney Socrates De La Cruz

As founder of Socratic Inc  an organization of speakers on motivation and inspiration, Attorney Socrates De La Cruz draws on his… Read More »

Category: Events Tags: Lawrence Bar Association Giving Back Community

Bankruptcy Litigation Seminar taught by Attorneys Amann and Burnett, save the date, December 6, 2022.

Joshua Burnett and I are looking forward to presenting at National Business Institute’s upcoming course, “Bankruptcy Litigation and Procedure” on… Read More »

Category: Bankruptcy Business Law Events Litigation Tags: Best Practices, Case law Updates, Commercial Bankruptcy, Federal Court Litigation, Procedures, Rules

Another look at City of Chicago vs Fulton, et al and the “mere retention” of Estate Property and the Automatic Stay

The filing of a petition under the Bankruptcy Code automatically “creates an estate” that, with some exceptions, comprises “all legal… Read More »

Second Circuit Says Orderly Liquidation Value Is Proper for a Retailer in Chapter 11

ABI, Rochelle’s Daily Wire. When an orderly going-out-of-business sale is a “genuine possibility” for a retailer in chapter 11, the… Read More »

Category: Business Law Tags: # In re Rash, 520 U.S. 953 (1997) #Chapter 11 # Valuation #Assets #Going Concern #retail #liquidation

“Bad Behavior” can catch up to you under 11 U.S.C.

In re Bright 338 BR 530 BAP 1st Cir 2006 retroactive stay relief db bad behavior Debtors be careful and… Read More »

Never Forget, passing of a Best Friend and Legend, Attorney Jeffrey A Kitaeff

https://www.goldmanfc.com/memorials/jeffrey-kitaeff/5024491/index.php For those of you that knew Jeff Kitaeff as Josh Burnett and I did, there aren’t any words to… Read More »

Category: Events Tags: Jeffrey A Kitaeff

Bill and Josh’s Excellent Adventure…….Comprehensive Bankruptcy Program, October 19th

Attorney’s Guide to Preparing a Bankruptcy Filing: Which chapter to file, completing forms, and a comprehensive overview of exemptions, lien… Read More »

Category: Events Tags: Chapter 11, Chapter 11 and 13 Plans, lien avoidance, lien stripping, pre-filing considerations, Preference Actions, Preference Defenses, sub-chapter V

New automobile sales (U.S.) Decline a bit in Q3

DETROIT (AP) — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in… Read More »

Category: Business Law Tags: automobile sales decline interest rates affordability
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