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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...
DelCotto Law Group PLLC is pleased to announce that we have been recognized in the 2022 U.S. News-Best Lawyers® “Best Law Firms” in the practice areas of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (Tier 1). Best Lawyers® and U.S. News...
Attorney Dean Langdon was selected by his peers for the 28th 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 28th...
Laura Day DelCotto, founding member of DelCotto Law Group PLLC, with offices in Lexington, Danville, and Louisville, Kentucky, was selected by her peers for the 28th Edition of The Best Lawyers in America ©. She was selected in the areas of Bankruptcy and Creditor...
DelCotto Law Group attorneys and staff know the importance of giving back to their community. Here’s an example of how they do that: In the middle of July, there is a world-class car show at Keeneland – the Keeneland Concours d’Elegance....
By: Laura Day DelCotto Issues with life insurance are a bit murky in bankruptcy filings. It is important to understand the nature of the debtor’s interest, vs other parties’ interests. Who is the owner of the policy? Who are the beneficiaries of the policy? Is there...
Valuations in Distress By: Laura Day DelCotto I wish a “freefall” chapter 11 bankruptcy was as awesome as when Jerry Maguire is driving through the Texas countryside after his handshake deal landing Cush. (Handshake deals are a whole ‘nother issue entirely!) ...
By: Dean A. Langdon When a small business falls on hard times, the owners often look for ways to start over. While no one can take away the entrepreneur’s business acumen, when creditors take back equipment, machinery, facilities or receivables, keeping a business...
CARES ACT Critical Deadline for Small Business Extended On March 26, 2020, Congress passed bipartisan legislation to extend various Covid-19 bankruptcy relief provisions included in the March 2020 CARES Act. The legislation was designed to extend bankruptcy relief to...
Due to the Covid-19 pandemic, some people have erroneously believed that the court systems are completely closed and that you cannot currently file for bankruptcy. Contrary to this misconception, bankruptcy courts are open in Kentucky but court hearings are being held...
