Skip to main content
Help Center
banner

ABI Blog Exchange

article-exchange

Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

Read Article

A Director's Worst Nightmare

If you serve as an officer or director you probably assume that if things go badly you will be protected by directors and officers insurance. But if things go very badly and bankruptcy ensues, you may not have the protection you thought you had. On

A Director's Worst Nightmare

If you serve as an officer or director you probably assume that if things go badly you will be protected by directors and officers insurance. But if things go very badly and bankruptcy ensues, you may not have the protection you thought you had. On

A Director's Worst Nightmare

If you serve as an officer or director you probably assume that if things go badly you will be protected by directors and officers insurance. But if things go very badly and bankruptcy ensues, you may not have the protection you thought you had. On

Will My Daughter Lose Her Car if I File Bankruptcy?

Naturally we worry about how filing bankruptcy will affect those we care about. It is common for a parents to have a car, bank account, even a house, in their names because their daughter or son needed help to buy the car, get a bank account, or

Seeking a Waiver from the SEC for Failure to File 8-K Announcing the Frequency Vote

In 2011, companies included in their proxy ballots a choice for shareholders to advise on whether they preferred to cast advisory votes on executive compensation every 1, 2 or 3 years, the so-called "say-when-on-pay" or frequency vote. Item 5.07(d)

Seeking a Waiver from the SEC for Failure to File 8-K Announcing the Frequency Vote

In 2011, companies included in their proxy ballots a choice for shareholders to advise on whether they preferred to cast advisory votes on executive compensation every 1, 2 or 3 years, the so-called "say-when-on-pay" or frequency vote. Item 5.07(d)

Single Asset Real Estate Cases

“The court recognizes the difficulties presented by § 1129(b)(2)(A) for real estate developers trying to reorganize, but Congress has decided that debtors must bear the risk of reorganization by contributing additional capital and/or pledging

Single Asset Real Estate Cases

“The court recognizes the difficulties presented by § 1129(b)(2)(A) for real estate developers trying to reorganize, but Congress has decided that debtors must bear the risk of reorganization by contributing additional capital and/or pledging

Single Asset Real Estate Cases

“The court recognizes the difficulties presented by § 1129(b)(2)(A) for real estate developers trying to reorganize, but Congress has decided that debtors must bear the risk of reorganization by contributing additional capital and/or pledging

Single Asset Real Estate Cases

“The court recognizes the difficulties presented by § 1129(b)(2)(A) for real estate developers trying to reorganize, but Congress has decided that debtors must bear the risk of reorganization by contributing additional capital and/or pledging

Affidavits Are Not a Substitute for Evidence of Debt Ownership

The Tennessee Court of Appeals has issued a decision that highlights the problems facing credit card debt collectors in a post-robosigning world (see here and here). The decision reaffirms what should be a simple principle in a debt-collection

What You Need to Know about IRS Wage Garnishment

IRS wage garnishment, also known as a wage levy, is a forced form of collection imposed by the Internal Revenue Service (IRS). This action takes place when a taxpayer fails to pay taxes. The process allows the IRS to withhold a certain percentage of

New Opinion Makes Sense of "Identifiable, Tangible and Material Benefit" Language From Pro-Snax

In Matter of Pro-Snax Distributors, Inc., 157 F.3d 414 (5 th Cir. 1998), a panel of the Fifth Circuit made the uncontroversial ruling that a chapter 11 debtor's attorney could not recover attorney's fees from the bankruptcy estate after appointment

Please Release Me, Let Me Go: Broad Third Party Releases Sanctioned in BIA Proposal Proceedings

NORTH OF THE BORDER UPDATE This article has been contributed to the blog by Andrea Lockhart and Steven Golick . Steven Golick is a partner in the insolvency and restructuring group of Osler, Hoskin & Harcourt, LLP , and Andrea Lockhart is an

Joliet Bankruptcy Attorney On Court Approval Of A Chapter 13 Plan

Link According to Joliet bankruptcy attorney, David Siegel, the court will approve a Chapter 13 plan if the debtor has satisfied all of the elements required under the Bankruptcy Code. For example, all required fees must have been paid and all pre

Aurora Bankruptcy Lawyer Discusses Discrimination And Filing Bankruptcy

Link I have been questioned as an Aurora bankruptcy attorney, if I can be discriminated against for filing bankruptcy. Chapter 13 bankruptcy is your federal right to file under the Bankruptcy Code. You cannot be discriminated upon based on the mere

The Daily Docket: Judge Won’t Approve Lehman Settlement

Getty Images A settlement of a lawsuit between investors who lost money in the collapse of Lehman Brothers Holdings Inc. and the bank’s top brass, among them former Chief Executive Richard Fuld and ex-finance chief Erin Callan, has hit a Kenny Rogers

Global Bankers Must Realize Transparency Is a Two-Way Street

Megabank CEOs want the Fed to disclose more about its stress test models. They can show good faith by supporting the international effort to make global counterparty risk transparent.

Seeking a Waiver from the SEC for Failure to File 8-K Announcing the Frequency Vote

In 2011, companies included in their proxy ballots a choice for shareholders to advise on whether they preferred to cast advisory votes on executive compensation every 1, 2 or 3 years, the so-called "say-when-on-pay" or frequency vote. Item 5.07(d)

Seeking a Waiver from the SEC for Failure to File 8-K Announcing the Frequency Vote

In 2011, companies included in their proxy ballots a choice for shareholders to advise on whether they preferred to cast advisory votes on executive compensation every 1, 2 or 3 years, the so-called "say-when-on-pay" or frequency vote. Item 5.07(d)