Updates
March 17, 2014
On February 1, 2014, the United States Bankruptcy Court for the District of Delaware enacted certain revisions to the Local Rules of Practice and Procedure for the United States Bankruptcy Court for the District of Delaware. The 2014 amendments are more comprehensive than in year's past and contain a number of revisions including: (i) changes to the time period for calculating the consideration of a motion to approve bidding procedures; (ii) increased requirements for the involvement of Delaware counsel; (iii) a more defined timeframe for the initial pretrial conference in adversary proceedings; and (iv) a notice-only service option for certain claims objections. Given the import of these amendments to restructuring professionals, we have provided an outline summarizing the major 2014 amendments.

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