1129(b)(2)(A)(i)(II)

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As you can’t help but know by now, we’ve been covering Georgia’s Ret. Judge W. Homer Drake, Jr. Click here if you missed the first four posts. We’ll wrap-up Judge Drake’s Top 10 Chapter 11 confirmation opinions by Tuesday, with today’s post covering #2. We’re excited to have financial advisor and Till expert Richard Gaudet, of GGG Partners in Atlanta, reverse engineer in this post Judge Drake’s pre-Till analysis 30 years later, because why not? And for some New York Times worthy trivia about Judge Drake’s chambers, see below in the conclusion.Continue Reading Judges Series – Judge Homer Drake’s Top 10 Confirmation Opinions – Part 5 (#2)

(Judge Drake and former SBLI/Drake Prof. Michael Sabbath)

Thanksgiving’s over, Christmas is fast approaching, and we’re finally near the finish line for our first Bankruptcy Judges segment. To start, we’ve been covering Georgia’s Ret. Judge W. Homer Drake, Jr. If you know Judge Drake, then you’ll agree that he’d likely be a little impatient at this point. “Mr. Bury, I think the Court understands your argument. Let’s wrap this up”—is something I heard a few times, especially after a third or fourth “Finally, Your Honor…” To wrap it up then, we’ll cover his three most cited Chapter 11 confirmation opinions by Monday, starting with #3 today. If you missed the introduction, you’ll find it here. We covered #10 through #6 here. And #5 and 4 here and here.Continue Reading Judges Series – Judge Homer Drake’s Top 10 Confirmation Opinions – Part 4 (#3)

With an exciting but somewhat controversial finish in last night’s game, the Washington Nationals tied the series 3-3 with the Houston Astros, setting-up for a potentially exciting Game 7 conclusion to the World Series. Unlike the Cubs in 2016 and the Dodgers in 2017 and 2018, neither of this year’s teams is a former Chapter 11 debtor. However, the Astros are still very much tied-up in Houston Regional Sports Network, L.P.’s Texas Chapter 11 from 2013. Hence, our hook for our third bankruptcy-related World Series post.
Continue Reading The Houston Astros in October: Bankruptcy Edition