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

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On January 9, 2012, Multilingual Television Broadcaster, International Media Group, Inc. ("IMG") Filed a Chapter 11 Petition in the U.S. Bankruptcy Court for the District of Delaware

International Media Group, Inc. Files for Chapter 11 Protection. AsianMedia Group LLC and five other affiliates (collectively with IMG, the "Debtors") also sought bankruptcy protection. IMG lists both assets and debt of $100 million to $500 million

Bankers Must Resist the Growth Imperative

Expansion, with its subpar returns, may make the kingdom bigger, but its citizen investors will be poorer as it traps capital in a hostile environment.

What You Should Know About Lawsuits and Being Sued

When creditors don’t receive payment for debt that is past due or accounts that are delinquent, they may look to exercise their legal options in collecting from debtors. A lawsuit may be filed against you through a small claims court or federal court

BROKE: A New Book on Consumer Debt and Bankruptcy

Just in time for New Year's resolutions on 1) reading more, 2) paring back your own debt, and 3) learning more about consumer bankruptcy to help you do your job (if you are a lawyer, judge, or academic, media, etc), the book, Broke: How Debt

Law of the Chicken

A headline from last Friday's BNA's Bankruptcy Law Reporter, which reports recent cases and other legal developments, caught my eye: Poultry Farmers Can't Rely on Promissory Estoppel Theory; Proofs of Claim Denied That seems like a pretty harsh rule

ISS’s New Pay-For-Performance Review Framework is Now in Place

In December, ISS issued a whitepaper providing further guidance on its new pay-for-performance review framework first introduced in its 2012 proxy voting guidelines update (effective for meetings on or after February 1, 2012). As described in our

ISS’s New Pay-For-Performance Review Framework is Now in Place

In December, ISS issued a whitepaper providing further guidance on its new pay-for-performance review framework first introduced in its 2012 proxy voting guidelines update (effective for meetings on or after February 1, 2012). As described in our

Bankruptcy Treatment Of Personal Injury Claims

The following is a guest post by New Jersey attorney Emily Kreifels of Console & Hollawell P.C. in Marlton, New Jersey I’m always saddened when a client who has been seriously injured faces financial issues in addition to health issues....

Taking the Long View: How Reorganization is More Like a Marathon and Less Like a Sprint

“Life ain’t a track meet; no – it’s a marathon” – Ice Cube In a recent decision, the United States Bankruptcy Court for the District of Massachusetts recognized that a successful reorganization does not necessarily mean that a reorganized debtor must

The Daily Docket: BofA, Barclays Can Move Ahead on Archstone

A judge on Friday said Bank of America Corp. and Barclays PLC could move forward with a $1.33 billion sale of half their stake in the Archstone apartment company to Sam Zell’s Equity Residential, calling Archstone co-owner Lehman Brothers Holdings

What to Do if Creditors Are Harassing You After You File Bankruptcy

Under U.S. bankruptcy law, petitioning for a Chapter 7, Chapter 11 or Chapter 13 bankruptcy means that creditors must immediately stop all of their collection efforts. However, it might seem as though a few of your creditors didn’t get the notice

ISS’s New Pay-For-Performance Review Framework is Now in Place

In December, ISS issued a whitepaper providing further guidance on its new pay-for-performance review framework first introduced in its 2012 proxy voting guidelines update (effective for meetings on or after February 1, 2012). As described in our

ISS’s New Pay-For-Performance Review Framework is Now in Place

In December, ISS issued a whitepaper providing further guidance on its new pay-for-performance review framework first introduced in its 2012 proxy voting guidelines update (effective for meetings on or after February 1, 2012). As described in our

Financial Assets Need Independent Scrutiny

Fair value measurements marked to internal models may satisfy auditors and regulators. But investors demand independent valuations of thinly traded securities to eliminate any appearance of conflicts of interest.

Gifts to charity pay off for everyone

Your gifts to charity can do more than make you feel good. They might lower your tax bill.

Short sales may suit patient first-time buyers

If they're willing to wait out delays, first-time homebuyers can find hot deals on short sales.

10 key tax terms to know

Even with all the forms and instructions, tax language can seem like Latin. Here are the key terms.

10 must-know IRA terms

An IRA is a great resource for retirement income, but it helps to know the language.

Picking the proper 1040 tax return form

There are three tax return forms. The one you use could make a difference in your tax bill.

2012 tax bracket rates

These tax brackets apply to the 2012 tax year, with tax returns due on April 15, 2013.