Blogs / Events / Articles / News

The Cookie Crumbles in Baker’s Bid for a § 503(b)(9) Administrative Claim

Under section 503(b)(9) of the Bankruptcy Code, a creditor may recover as a priority administrative expense the value of goods sold to the debtor in the ordinary course of its business that are “received” by the debtor within the twenty-day period before the filing of the bankruptcy petition. The stakes of such a determination are consid...

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Obermayer Adds Bankruptcy Attorney

Obermayer Rebmann Maxwell & Hippel LLP adds Alicia M. Sandoval to the firm’s Creditors' Rights, Bankruptcy and Financial Reorganization Department. She will be based in Obermayer’s Philadelphia office. Sandoval represents businesses in need of restructuring, reorganization, and liquidation.  Representations include secured creditors in Ch...

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Trade Vendor Victory — The Third Circuit Refines Eligibility for Administrative Claims Under § 503(b)(9)

It is hardly news that the seismic shift in buying habits towards travel and experiences and to internet shopping has dealt a devastating blow to many traditional brick and mortar retailers.  Retailers are going bankrupt at a record pace, and 2017 is on track to post the highest number of retail bankruptcies since the Great Recession. Venera...

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Obermayer Attorneys Named To 2017 Pennsylvania Super Lawyers® And Rising Stars Lists

Obermayer Rebmann Maxwell & Hippel LLP is pleased to announce that a number of our attorneys were selected for inclusion in 2017 Pennsylvania Super Lawyers®. Obermayer 2017 Pennsylvania Super Lawyers® Bankruptcy Charles M. Golden Business LitigationThomas A. LeonardWilliam J. Leonard Civil Litigation DefenseGary M. Samms Employment &...

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THE SUPREME COURT DISMISSES STRUCTURED DISMISSALS

In a decision all but certain to engender future litigation, the Supreme Court recently held in the case of Czyzewski v. Jevic Holding Corp. that structured dismissals providing for distributions that do not follow the normal priority rules and that do not have the consent of affected creditors are impermissible. Reversing the Third Circuit C...

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JUDICIAL FORECLOSURE SALES ARE IMMUNE TO PREFERENCE CHALLENGES

  The Bankruptcy Court for the Western District of Pennsylvania has recently held that a pre-petition foreclosure of a debtor’s real property, conducted in accordance with state law, is not subject to attack as a preference under 11 U.S.C. § 547.[1]Continue Reading    

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Edmond George Presents at PICPA Forensic & Litigation Services Conference

Obermayer Rebmann Maxwell & Hippel LLP partner Edmond M. George presented, “Litigation Support Services Track: Testimonial Skills Workshop,” at the Pennsylvania Institute of Certified Public Accountants Forensic & Litigation Services Conference.  The conference, aimed at accounting professionals, provided guidance to attendees on devel...

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The End of the Road for TransVantage Solutions, Inc.?

The TransVantage bankruptcy case and the resulting efforts by the Trustee to avoid carrier payments made by the defunct freight payment processor has been watched like an upcoming speed trap by the transportation industry concerned about the vulnerability of this business arrangement in bankruptcy. The more than 500 adversary Complaints filed i...

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Bankruptcy Avoidance Litigation Part II – Do I Really Have to Give That Payment Back?

  In the first installment of this article, we discussed the prevalence of preference litigation and some of the commonly-available defenses to business vendors to limit or even eliminate liability to the bankruptcy estate. While preference actions are by far the most common type of avoidance litigation brought in bankruptcy cases, this is not ...

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Obermayer Attorneys Named 2017 Best Lawyers

Obermayer Rebmann Maxwell & Hippel LLP is pleased to announce that seven of our attorneys were selected for inclusion in the recently released 2017 edition of The Best Lawyers in America, regarded as a definitive guide to legal excellence in the region.  Obermayer’s selected Best Lawyers and their respective areas of practice are: Michae...

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