Blog

Learn from Others: Lessons for Distressed Companies

By: Laura Day DelCotto As the year winds down, I attended a panel discussion entitled “Dumbest Things Companies Do in Distress.” The panelists were long-time experienced attorneys, bankers, and turn-around consultants. It’s going to be interesting (and maybe scary) to watch a newer generation of professionals who have never been through

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Restaurant Grants Available for Limited Time in Kentucky

KY Assistance During the Pandemic By: Jamie L. Harris With the Covid-19 pandemic, restaurant owners have faced serious challenges in trying to keep their establishments open and pay employees.  Governor Andy Beshear recently required closure of indoor dining facilities for bars and restaurants until mid-December. While this restriction is for

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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 continuously being sold in bulk to

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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 is a change from prior Sixth

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DelCotto Law Group Named Best Law Firm 2021 by “Best Lawyers”®

Bankruptcy and Creditor/Debtor Rights in Lexington KY For Release November 5, 2020 DelCotto Law Group PLLC has received a Tier 1 ranking in the 2021 edition of U.S. News – Best Lawyers® “Best Law Firms” in the practice areas of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law,

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Federal Dollars at Work: What is the Exit Strategy?

The Deficit, COVID Pandemic and Bankruptcy Strategies By: Laura Day DelCotto In every single chapter 11 bankruptcy case we begin, in the initial pre-filing meetings, we discuss at length the exit strategy. Of course, there are so many people and factors outside our control that the debtor’s exit strategy is assuredly

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Administrative Claims: Thinking Outside the Box to Get Paid

Chapter 11 Bankruptcy Claims By: Laura Day DelCotto A recent decision from Louisiana involving work on an abandoned oil and gas rig got me thinking about some of the non-routine types of administrative claims in chapter 11 bankruptcy. It is always worth exploring if you might have any such claim, since

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Dean Langdon Named Lawyer of the Year by Best Lawyers in America© List

Attorney Dean Langdon was selected as Lawyer of the Year 2021 for the 27th Edition of The Best Lawyers in America© in the practice area of Bankruptcy and Creditor-Debtor Rights, for Lexington, Kentucky. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence. Best Lawyers®

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