BANKRUPTCY AND INSOLVENCY NEWS AND ANALYSIS – WEEK ENDING June 03, 2022

Trends and Legislative Developments

Infowars’ bankruptcy law shell game

Case Commencement

What’s Needed For Subchapter V ”Engaged In” Eligibility? Not Much—Not Even A Profit Motive (RS Air)

Avoidance and Recovery

You Never Give Me Your Money: Initial Recipient of Funds is Not Always a “Transferee” Liable for Fraudulent Transfers

Bankruptcy Court Ruling Imposes Lender Liability

Reorganization

Bright-Line Rule: No Modification of Substantially Consummated Chapter 11 Plan

Third-Party Releases in Mahwah Bergen’s Chapter 11 Plan Held to Be Unenforceable