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The Delaware Bankruptcy Insider is a premier blog designed to bring its readers a comprehensive analysis of the latest Delaware corporate bankruptcy news and rulings.  Brought to you by Ashby & Geddes, P.A.

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Ricardo Palacio, Esq.
(302) 504-3718
rpalacio@ashbygeddes.com

Gregory A. Taylor, Esq.
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gtaylor@ashbygeddes.com

Ashby & Geddes, P.A.
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Delaware Bankruptcy Court’s Local Rules For 2016 Now Effective

The Bankruptcy Court for the District of Delaware’s Local Rules for 2016 went effective February 1, 2016.  A copy of the 2016 Local Rules can be found here and a redline of the 2016 Local Rules against the 2015 Local Rules can be found here.

Of particular note, the Court instituted a formal rule regarding special and emergency hearings in Chapter 11 cases, providing that a party in interest may request a special or emergency hearing by promptly filing a notice of the hearing on the docket and specifying the discrete issue(s) before the Court.  See DEL. BANKR. L.R. 2002-1(a)(ii).  The Court also established a new local rule providing that a motion under Bankruptcy Rule 2004 is not required if the proposed examinee agrees to voluntarily appear or produce documents.  DEL. BANKR. L.R. 2004-1(c).  Finally, the Court introduced a new rule permitting a combined hearing—subject to certain requirements—on the approval of a disclosure statement and plan confirmation in liquidating Chapter 11 cases.  DEL. BANKR. L.R. 3017-2.