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By Cameron J. Gartland & Michael J. Gartland In the event of a breach of a real estate purchase and sale agreement, there are a few legal terms and nuances to know before diving head-first into resolving the issue. What is specific performance? Specific...
By: Laura Day DelCotto The year end news is full of the repercussions of the interest rate increases for everyone, including issuers of municipal bonds. Municipal debt is never immune from the private sector market forces. I am sometimes frustrated by the general...
Many businesses in Kentucky use Chapter 11 bankruptcy to continue to operate while reorganizing their finances. However, some smaller operations found filing too complex and expensive. To help these businesses, the federal government added Subchapter 5 to the Chapter...
By: Laura Day DelCotto The Philadelphia Inquirer recently reported that the Pennsylvania city of Chester, PA is considering filing bankruptcy “as a way to steer the city toward solid financial footing” in light of an almost $50 million deficit anticipated for 2023....
Dean Langdon has been selected by his peers for the 29th Edition of The Best Lawyers in America© in the practice areas of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation – Bankruptcy, for Lexington, Kentucky. For the 29th...
Laura Day DelCotto, founding member of DelCotto Law Group PLLC, with offices in Lexington and Louisville, Kentucky, was selected by her peers for the 29th Edition of The Best Lawyers in America ©. She was selected in the areas of Bankruptcy and Creditor Debtor...
By: Dean A. Langdon You may have seen publicity about bankruptcy cases where legal fees run into the millions of dollars (or more). But bankruptcy courts have a unique process for paying attorneys that represent debtors, trustee or creditor committees. The attorneys...
By: Laura Day DelCotto We previously wrote about the important uncertainties facing the first couple of crypto bankruptcy filings. Primarily the issues involve whether the “customers” of a crypto platform are asset owners (as they believe and are sold on) or whether...
By: Laura Day DelCotto Now that the lights are coming on in financial markets, there is more chatter and mostly speculation about what would happen in a cryptocurrency corporate bankruptcy. Recent reports on the Coinbase SEC 10-Q filed in May, 2022 have been in the...
By: Laura Day DelCotto Showing my age, I have loved J. Crew since the preppy days of the 1980s. When I was pulling a J. Crew, that usually meant I was using my father’s credit card to go to the mall and get some pink and green. However, in 2022, “pulling a J. Crew”...
