A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.
Small-business issues, artificial intelligence and economic concerns were among the range of topics discussed by lawyers, judges and other bankruptcy professionals at the American Bankruptcy Institute's annual spring meeting in Washington last week.
The Onion struck a new licensing deal allowing it to run Infowars, Sullivan & Cromwell told a New York court that it identified artificial intelligence "hallucinations" in a motion it had filed in a Chapter 15 case, and Meyer Burger received approval for its Chapter 11 plan.