Bankruptcy and Insolvency News and Analysis – Week Ending March 4, 2016

04 Mar Bankruptcy and Insolvency News and Analysis – Week Ending March 4, 2016

Trends

February 2016 Commercial Bankruptcy Filings Increase 32 Percent Over Last Year

Claims

Bringing Certainty to Uncertainty: Estimation of Tort Claims

Avoidance and Recovery

Lack of Knowledge is No Defense: Seventh Circuit Strips Bank’s Lien on More than $300 Million in Assets

Bankruptcy Estate

Bitcoins Are Not Dollars in Bankruptcy Court

Bitcoin Is “Property,” Rules California Judge in Pivotal Bitcoin Case

Executory Contracts

The Abolition of Dysfunctional Contracts in Bankruptcy Reorganizations

Confirmation

Fifth Circuit Reverses Officer’s Release in Chapter 11 Reorganization Plan