Creditors' Rights, Bankruptcy and Insolvency

New UCC Amendments Address Certain Digital Assets

Posted on by Neil E. McCullagh, Christopher A. Hurley in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency, Finance

The growth in use of digital assets, such as cryptocurrencies and non-fungible tokensgrowth requires changes to the law.

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The Landlord’s Lien: An Often-Ignored Pitfall for the Secured Creditor

Posted on by Timothy G. Moore in Commercial Real Estate, Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency

written by: Timothy G. Moore; Karl A. Moses, Jr; Neil E. McCullagh The landlord’s lien is a statutory remedy in Virginia that is often overlooked by creditors who lend to individuals or entities who ...

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Recent Lawsuits Against Home Mortgage Servicers Focus on Bankruptcy Compliance

Posted on by Neil E. McCullagh in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency

The past year has brought notable court decisions regarding alleged failures by home mortgage servicers to comply with bankruptcy rules and orders. The stakes have been high, with the servicers often ...

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Recent Developments: (A) The “Material Adverse Change” Clause (Part II); and (B) Changes to the Small Business Bankruptcy Debt Limit

Posted on by Neil E. McCullagh in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency, Litigation

RECENT DEVELOPMENTS: (A) THE “MATERIAL ADVERSE CHANGE” CLAUSE (PART II); AND(B) CHANGES TO THE SMALL BUSINESS BANKRUPTCY DEBT LIMIT. Two years ago, as COVID began to take its toll on the economy, ...

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New Virginia Laws Of Which Creditors Should Be Aware

Posted on by Neil E. McCullagh in Creditors' Rights, Bankruptcy and Insolvency

Earlier this year, we highlighted Virginia’s recent changes to the required notice for a foreclosure on owner-occupied residential real estate. That article can be found here. In this article, we high...

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Recent Developments Affecting Lenders

Posted on by Neil E. McCullagh, Karl A. Moses, Jr. in Creditors' Rights, Bankruptcy and Insolvency

This month we (a) detail upcoming changes to the required notice for a foreclosure on owner-occupied residential real estate, (b) discuss the U.S. Supreme Court’s recent decision that a creditor did n...

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The Small Business Reorganization Act and Subchapter V Bankruptcy

Posted on by Neil E. McCullagh, Christopher A. Hurley in Creditors' Rights, Bankruptcy and Insolvency

The Small Business Reorganization Act of 2019 (the “SBRA”) became effective on February 19, 2020, and is aimed at giving small business debtors a simpler and less costly avenue to successful reorganiz...

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