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Bankruptcy Archives - DelCotto Law Group

Sixth Circuit BAP on Chapter 12

March 14, 2018
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By: Dean Langdon

Farming is tough, and family farmers are dealing with several years of low prices and weather-related issues. As we head into planting season, family farmers should be aware that Chapter 12 may help them reorganize and have a brighter future.

On March 13th, the […]

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Secret Court Filings? Not So Much…

March 7, 2018
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By: Laura Day DelCotto

The litigation process is a “public” procedure, all set forth in an official court record which can be accessed by the public. Sometimes, one (or both) of the parties want to file papers, but keep them confidential and not open to public view.  Maybe […]

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Second Municipal Bankruptcy of 2018: How Many More to Come

February 23, 2018
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By: Laura Day DelCotto

Chapter 9 municipal bankruptcies remain rare in comparison to all other types of bankruptcy filings. There are still less than 500 total cases nationwide since the 1930s when chapter 9 was enacted. While public finance and the municipal bond market seem to remain stable […]

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Recoupment Defined

January 31, 2018
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By: Dean Langdon

Recoupment allows one party (Party A) to a contract to keep payments that are due to the other party (Party B) when Party B owes money to Party A at the same time. There must be an over-payment by one party, and the competing […]

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