Plan of Liquidation

“Just enough” is an undeniable—if informal—legal precept.  The concept finds its way into canon from adequacy of pleading to application of equity.  See, e.g., K-Tech Telecommunications, Inc. v. Time
Continue Reading Courts Analyze the Degree of “Commercial or Business Activity” Necessary for a Liquidating Debtor to be Eligible for Subchapter V Relief

Introduction

On June 12, 2009, MagnaChip Semiconductor (“MagnaChip”), filed a Chapter 11 Petition for Bankruptcy in the United States Bankruptcy Court for the District of Delaware.  As reflected in
Continue Reading MagnaChip Semiconductor Files for Bankruptcy Seeking Approval of Asset Sale and Plan of Liquidation