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 DelCotto Law Group DelCotto Law Group is Kentucky’s asset protection law firm known for its commitment to the lifetime success of its clients.
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
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
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
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
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,
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
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
Effects of COVID-19 Pandemic on Municipalities By: Laura Day DelCotto The pre-2020 collective wisdom was that municipal bonds were as good as gold, solid and basically without much risk. Investors in tax-free bonds get a greater bang for the buck with the tax savings. There are many great bond-fund salespeople hawking
Dean Langdon on Good Day Kentucky discusses Bankruptcy and Other Options for Businesses and Individuals
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