Akerly Law

This past year has been difficult for many businesses who have barely managed to stay afloat during these turbulent times, and who are looking at more uncertainty ahead as prior relief packages are set to expire. While an additional relief package i...

On January 1, 2021, the Corporate Transparency Act (CTA) became law. Some important facts about the CTA include:...

Akerly Law, led by its appellate specialist Carrie R. McNair, recently represented a creditor with a complicated appellate bankruptcy issue that was one of first impression for the Sixth Circuit Court of Appeals. At issue, was the ownership of a leg...

When you have a judgment issued by a state court in another state, domestication of the judgment in another state for enforcement purposes is covered by the Uniform Enforcement of Foreign Judgment Act, as adopted by the forum state. ...

The Fifth Circuit Federal Court of Appeals has held, in a Chapter 13 case, that when two claims are secured by the same personal collateral, i.e., cross-collateralized, the debtor's Chapter 13 plan cannot provide for the surrender of the collateral f...

In Fulton, the City of Chicago's practice was to impound vehicles identified as having overdue parking tickets. Many Chicago residents would subsequently file bankruptcy under Chapter 13 and request that the City immediately return their vehicles or ...

If your spouse, family member, or someone you know, was operating a small business and passes away, what can happen to that business? If that business was organized as a limited liability company in the state of Texas, the business may be able to con...

Bankruptcy Rule 2004 provides, in pertinent part: (a) EXAMINATION ON MOTION. On motion of any party in interest, the court may order the examination of any entity....

On August 23, 2019, President Trump signed the Small Business Reorganization Act of 2019, P.L. 116-54 (the “SBRA”). ...

The All Writs Act, 28 U.S.C. § 1651, allows federal courts to “issue all writs necessary or appropriate in aid of their respective jurisdictions and agreeable to the usages and principles of law.”...