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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 March 1st to March 15th, will be participating in the...
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...
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...
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...
By: Laura Day DelCotto Sitting in the Zoom audience at the UK Gatton Conference, I listen to Kevin Kliesen with the Federal Reserve Bank of St. Louis first acknowledge the difficulties in attempting to forecast our economic future. While “uncertainty remains high,”...
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...
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...
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...
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...
Last Minute Passage of Essential Economic Aid Congress passed the $900 billion COVID-relief bill which was signed by President Trump on December 27, 2020. The relief package includes direct payments to Americans, extended unemployment benefits, and aid to small...
