Secured creditors have many choices when it comes to how to file a proof of claim in bankruptcies. Those choices should be weighed carefully, however, because certain choices can have
Continue Reading Secured Creditors’ State Court Rights Affected By Proof of Claim Choices
proof of claim
DE Bankruptcy Court Denies Canadian Employees’ Motion to File Late Proof of Claim in Nortel
By Fox Rothschild LLP on
In the case of In re Nortel Networks, Inc. et al., Case No. 09-10138 (KG) (Del. Bankr. Ct. May 21, 2015), Judge Gross considered a motion filed by the “Ad…
Continue Reading DE Bankruptcy Court Denies Canadian Employees’ Motion to File Late Proof of Claim in Nortel
When Will a Bankruptcy Court Allow a Late-Filed Claim?
By Fox Rothschild LLP & Fox Rothschild LLP on
Federal Rule of Bankruptcy Procedure 3003(c)(3) provides that “the [bankruptcy] court shall fix and for cause shown may extend the time within which proofs of claim or interest may be…
Continue Reading When Will a Bankruptcy Court Allow a Late-Filed Claim?