Delaware Bankruptcy Court Releases 2012 Local Rule Amendments and Claims Agent Protocol
On January 31, 2012, the United States Bankruptcy Court for the District of Delaware the “Delaware Bankruptcy Court”) released the 2012 version of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (Effective February 1, 2012) (the “Local Rules”). The Delaware Bankruptcy Court contemporaneously released the Protocol for the Employment of Claims and Noticing Agents under 28 U.S.C. § 156(c) (the “Claims Agent Protocol”). As a courtesy to our clients and friends, Morris Nichols’ Business Reorganization and Restructuring Group has summarized (i) the most significant additions and changes to the Local Rules relevant to the business bankruptcy practice in the Delaware Bankruptcy Court (ii) and the most significant terms of the Claims Agent Protocol. For your reference, we also provide links to the updated 2012 Local Rules, a redline version of the 2012 Local Rules marked to show changes against the 2011 Local Rules and the Claims Agent Protocol.
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