DLG: Most Eastern District Kentucky Filings of Chapter 11 In 2020, Gartland Thacker DelCotto PLLC filed more chapter 11 bankruptcy cases in the Eastern District of Kentucky than any other firm. [1] Additionally, the firm filed 45% of small business cases in 2020 in...
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Bankruptcy
Recent Sixth Circuit Ruling:
No Standing to Appeal in Coal Act Case By: Laura Day DelCotto Chief Bankruptcy Appellate Panel (“BAP”) Judge Tracey N. Wise recently authored an opinion reviewing some of the issues involved in appeals from bankruptcy court rulings. While not really new law, it is a...
NRA Bankruptcy: A Hot Mess of Uneccessary Activity
By: Laura Day DelCotto So many unnecessary issues that make this Debtor in Possession look so bad. A great case study in how not to land in front of a bankruptcy judge. First, how does an entity that is headquartered in Fairfax, VA and incorporated in New York “forum...
Subchapter V and Chapter 11 Bankruptcy
March Expiration Deadline Demands Attention from Small Businesses By: Dean A. Langdon Update 3/27/2021: This provision has been extended to June 2022. Subchapter V of Chapter 11 is a condensed, less expensive option for small businesses (and small business owners) to...
Options for Struggling Businesses
Exploring Options Other than Bankruptcy When your business is struggling, you may want to speak with an attorney to discuss options such as financial workouts. In this short video, Dean A. Langdon discusses why it’s important to explore your options with an attorney...
Recovering Property in a Bankruptcy
New Supreme Court Ruling on Debtor’s Property and Automatic Stays in Chapter 13 By: Dean A. Langdon Having a vehicle repossessed is sure to disrupt your life. One way to recover a repossessed vehicle has been to file a Chapter 13 bankruptcy. Once filed you can demand...
Financial Distress: Further Reflections
By: Laura Day DelCotto In my final blog of 2020, I mused on take-aways about “dumb things” management does when succumbing to financial distress fears. And I will say, the so-called “dumb” things are really about emotional intelligence and how stress affects each of...
Change in Chapter 11 Bankruptcy Law is an Opportunity for Small Businesses
Attorney Laura Day DelCotto discusses essential information about the new bankruptcy law on Good Day Kentucky Update 3/29/2021: This provision has been extended to June 2022. About is Kentucky’s asset...
The Student Loan Crunch
Options when Lawsuits and Collections hit for Student Loans By: Heather M. Thacker Everyone knows the general rule ― student loans do not go away, even in bankruptcy. But, there are some exceptions that you should consider. 1. Chain of Title Student loans are...
Appealing from Bankruptcy: Sixth Circuit Says Follow the Rules
By: Laura Day DelCotto The Sixth Circuit Court of Appeals recently issued a decision discussing deadlines for appeals from Bankruptcy Court. The case helps create a growing split among the circuits. This could take us all back to the (newly changed) Supreme Court, and...


