New Century's Lessons On Sufficient Bar Date Notice

Law360, New York (September 17, 2014, 10:01 AM EDT) -- The United States District Court for the District of Delaware recently entered a memorandum opinion concerning the constitutional sufficiency of the publication of the bar date notice in the New Century bankruptcy as it applies to unknown creditors.[1] The district court vacated the bankruptcy court's Aug. 30, 2013, order (the "constructive notice order"), which had approved the constitutional sufficiency of notice to unknown creditors by publication in The Wall Street Journal and the Orange County Register. In vacating the constructive notice order, the district court concluded that the publication notice "likely was not reasonably calculated to apprise appellants of the bar date" and remanded the matter to the bankruptcy court for further proceedings.[2]...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!