Firm News

Latest news from Waldrep LLP

Chapter 12 Debt Limit Cap Raised to $10M

Feb 25, 2020

In August 2019, the US Senate passed the “Family Farmer Relief Act of 2019” (H.R. 2336), which more than doubled the debt limit for agricultural producers filing for relief under Chapter 12 of the United States Bankruptcy Code. This Act raises the debt limit from approximately $4.3 million to $10 million, which dramatically expands Chapter 12 bankruptcy eligibility.

At Waldrep LLP, we routinely represent family farmers facing financial distress both inside and outside of bankruptcy proceedings. We look forward to seeing how this Act will positively impact our clients.

Waldrep LLP Attorneys at the ABI Health Care Program in Nashville

Feb 18, 2020

Partner Jim Lanik and Associate Chris Coleman will be traveling to Nashville in March to attend the ABI Health Care Program: The New Reality in Health Care. According to the American Bankruptcy Institute, “Conference attendees will take away a detailed understanding of the key issues that will plague the health care industry in the coming years, helping them identify opportunities within this ever-changing landscape.”

At Waldrep LLP, we routinely work in healthcare restructuring and insolvency matters both inside and outside of bankruptcy proceedings. Jim and Chris are looking forward to gaining even more industry insight in Nashville next month.

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