By: Laura Day DelCotto The Bankruptcy Code clearly permits creditors to initiate an involuntary bankruptcy filing, and the Official Forms contain the simple paperwork to start the process. 11 U.S.C. §303. However, the risks of being accused by the putative debtor of...
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How to Get an Admin Claim
The Gold Standard for Chapter 11 Bankruptcy By: Laura Day DelCotto The Fifth Circuit recently issued an opinion that provides some guidance for seeking an allowed administrative claim (commonly called an “Admin Claim”) during a chapter 11 case. It should be required...
Fred’s Closing its Stores in Chapter 11 Bankruptcy
Being from a small town in Western Kentucky, Fred’s retail discount stores have been a staple in small town consumerism. Fred’s was one of my parents’ favorite bargain shopping stores. I was really disheartened to hear that the company would be liquidating its...
September Community Events Spotlight
DLG attorneys and paraprofessionals are actively involved in the central Kentucky community. We strive to make central Kentucky a better place to live, work and relax for everyone. On Thursday, September 19th, Laura Day DelCotto will attend the sneak peek of the...
Chapter 12: Now Open for Real Agricultural Business
Farmers Have More Freedom to File Bankruptcy Under New Chapter 12 Law By: Laura Day DelCotto Everyone is on the edge of their seats, waiting for President Trump to sign several pending bills impacting bankruptcies in the United States. One of them is the Family Farmer...
Dean A. Langdon Named to 2020 Best Lawyers in America© List
Attorney Dean Langdon was once again selected by his peers for inclusion the 26th 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,...
Laura Day DelCotto Named to 2020 Best Lawyers in America© List
Laura Day DelCotto, founding member, of Gartland Thacker DelCotto PLLC, with offices in Lexington, Danville, Kentucky, was selected by her peers for inclusion in the 2020, 26th Edition of The Best Lawyers in America © in the areas of Bankruptcy and Creditor Debtor...
“Ad Hoc Committee Of Non-Consenting Creditors” … Next time, pick another name….
By: Laura Day DelCotto The Eighth Circuit recently affirmed the appeal by the “Ad Hoc Committee of Non-Consenting Creditors” of the 2017 confirmation of the Chapter 11 Plan of Peabody Energy, In re Peabody Energy Corp., No. 18-1302 (August 9, 2019 ). I would say that...
August Community Events
DLG attorneys and paraprofessionals are actively involved in the central Kentucky community. We strive to make central Kentucky a better place to live, work and relax for everyone. On Friday, August 16th, will be joining the FCBA Young...
Marriage and Small Business Debt
By: Dean A. Langdon Marriage involves sharing risks and rewards with a spouse. Entrepreneurial couples may establish a business together, or one spouse may establish a business and exclude their spouse due to the risk of economic loss. After all, between 20-50% of...


