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

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Can I Keep my Car When I File Bankruptcy?

When you file a bankruptcy, you want to keep your basic assets including your car. When you file chapter 7 or 13, you can generally keep your car assuming you are able to utilize the federal or California based exemptions applicable to your case. The

State Legislature to Alabama's Jefferson County: Drop Dead?

Opposing lawyers for Jefferson County, the debtor in the largest Chapter 9 municipal bankruptcy case ever filed, and the holders of its sewer warrants squared off last week in the ongoing fight over control of the County’s sewer system and the right

Foreclosure Options for Military Members

Fannie Mae has created the KnowYourOptions.com website to help its homeowners discover their options when they’re faced with foreclosure. There is a special segment dedicated to military members who are having issues with their mortgage payments to

Why Are We Seeing Fewer Foreclosures?

March marked a 4-year low in new foreclosures, with actions increasing in judicial states, but declining in non-judicial ones. In the aftermath of the AG settlement this result seems counterintuitive

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Dippin’ Dots Hopes to Avoid Meltdown With Sale

Peppermint with Oreo The ice cream of the future may have dodged its apocalypse. Dippin’ Dots Inc. has secured an offer from an Oklahoma energy executive whose firm has proposed to buy the financially struggling company out of bankruptcy for about

Student Loans and Bankruptcy: Zen Buddhism to the Rescue!

I just finished listening to a discussion on the radio about discharging student loans in bankruptcy, and it occurred to me that we could learn a lot from “The Middle Way” of Zen Buddhism in our approach to this issue. “The Middle Way” is a term

CFPB Replaces Fed's Illegal Regulation with Its Own Illegal Regulation

Though it caved to First Premier's lawsuit, the bureau has failed to resolve the uncertainty about the rules for credit card fees.

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Second Circuit Holds that Parmalat Litigation Won’t Spoil in State Court Despite Potential Delay

Although an Italian bankruptcy court approved Parmalat’s plan of reorganization (or Concordato) in 2005, litigation arising from Parmalat’s 2004 collapse continues to make its way through the courts. As a result of a recent decision by the United

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

http://www.glasslewis.com/issuer/issuer-faqs/Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

What You Should Know About Credit Card Delinquencies and Potential Lawsuits

Credit card debt is the most common form of debt that is unsecured. This means that if you default on payments or choose not to repay what is owed, the credit card company has a right to sue. Depending on what is owed on the account, a lien may be

The Daily Docket: Dodgers Win Chapter 11 Plan Confirmation

A bankruptcy judge Friday confirmed the Chapter 11 exit plan that inaugurates a new era for the Los Angeles Dodgers, a baseball team that fell on hard times under the ownership of real estate developer Frank McCourt. Read The Daily Bankruptcy Review

Attorney Fees At Risk in the Aftermath of Ponzi Schemes

Posted by Kathy Bazoian Phelps Attorneys provide legal services, bill for them, and hope to get paid. Sometimes, they even get paid. When attorney fees meet up with Ponzi schemes, however, the game changes, and attorneys face a host of additional

Legislative Protection for Charities Caught by Ponzi Clawbacks

On April 3, 2012, Minnesota Governor Mark Dayton signed a new law, Chapter 151, House File 1384, designed to protect nonprofits from having to pay back donations made by Ponzi perpetrators and other fraudulent sources. The new law actually restricts