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On January 30, 2012, more than 40 creditors filed an involuntary Chapter 11 bankruptcy against Royal Oak, Michigan based Saab Cars North America, Inc. in the United States Bankruptcy Court for the District of Delaware. The case has been assigned to Hon. Christopher S. Sontchi, Case No. 12-10344. The petitioning creditors, whose claims purport to exceed $1.230 million, allege that they are owed monies from Saab Cars North America, Inc. related to “unpaid warranty and... Read More
In a recent decision from the United States Bankruptcy Court for the Eastern District of Michigan, the Court provided clarity to the interpretation of ordinary business terms defense of 11 U.S.C. § 547(c)(2)(B) post-BAPCPA (Bankruptcy Abuse Prevention and Consumer Protection Act of 2005) in the Sixth Circuit. In Basil T. Simon v. Gerdau... Read More
Recent amendments to Federal Rule of Civil Procedure 26 address the disclosure of expert testimony and attorney-expert communications. These changes are significant and took effect December 1, 2010:
· The expert report requirement of Rule 26(a)(2)(B)(ii) was amended by striking... Read More
