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Plan Confirmations in Bankruptcy: Why Creditors Must Pay Attention

January 26, 2026 Banking & Financial Services Industry Legal Blog, Manufacturing & Distribution Industry Legal Blog, Professional Services Industry Legal Blog, Real Estate Development, Sales and Leasing Industry Legal Blog

When a business files for Chapter 11 bankruptcy, the case usually builds toward one key moment: plan confirmation. The confirmed plan becomes the binding roadmap for how debts are repaid, how claims are classified, and whether the business reorganizes or liquidates. For creditors, plan confirmation is often the single most […]

What is an “interpleader action” after a failed real estate purchase?

June 14, 2023 Real Estate Development, Sales and Leasing Industry Legal Blog

When a real estate contract fails to close, disputes over the binder deposit may arise. In such cases, an escrow agent can initiate an interpleader action, seeking court intervention to determine who is entitled to the funds, while recovering their attorneys’ fees and costs. Understanding this process is crucial for all parties involved in failed real estate purchases.

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