Illinois Bankruptcy Attorney Explains How Creditors Receive Bankruptcy Notification

Link There are a couple of different ways that creditors will receive notice of your bankruptcy filing. The first one, is the most common way, and that’s the clerk of the United States Bankruptcy Court will send out a notice that you have filed for

ShengdaTech Still Unable to Get Access to Information from Subsidiaries in China

Judge Rakoff Squeezes Strike Zone for Madoff Trustee

Judge Jed S. Rakoff last week largely sided with Fred Wilpon and Saul Katz, the owners of the New York Mets, and their families and affiliated enterprises (the "Wilpon/Katz Group") on their motion to dismiss the adversary proceeding brought by Irving

Innkeepers, Cerberus set for bankruptcy trial

"Innkeepers USA Trust will try to persuade a judge to force would-be buyers to proceed with their planned $1.12 billion acquisition of some of its hotels as a trial begins on Monday in a U.S. bankruptcy court. Innkeepers, the bankrupt...

How to Recover After a Chapter 11 Bankruptcy

As a high-income individual, you may not think that your money behavior contributed to your Chapter 11 bankruptcy. Perhaps you think it was down to a few bad investments, or a business that went under due to the harsh economic climate. Whatever the

The Other Subject Matter Jurisdiction Issue: Courts Disagree Over When to Apply the “Close Nexus” Test to Post-Confirmation Disputes

The jurisdiction of the bankruptcy court has received a lot of press of late thanks to the Supreme Court’s recent decision in Stern v. Marshall, No. 10-179, 2011 WL 2472792 (U.S. June 23, 2011). The full implications of Stern will take a long time to