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

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Cautions To Take When Planning Your Bankruptcy

The most successful bankruptcy filings involve careful planning on the part of the debtor and their bankruptcy attorney. However, all pre-bankruptcy planning should be done carefully. Below are a few things debtors should use caution with when

Bankruptcy Judge Pokes Fun at East Coast Earthquake Response

Associated Press Office workers gather on the sidewalk in downtown Washington on Aug. 23, moments after a 5.9 magnitude tremor shook the nation’s capital. In the eyes of an earthquake-hardened bankruptcy judge, the 5.8-magnitude earthquake that shook

What Is Fraudulent Conveyance In Bankruptcy?

Fraudulent conveyance is when a bankruptcy debtor transfers something of value, such as cash, real estate or other assets to someone or something else. If this transfer of wealth is made with the intention of defrauding the creditors, made while the

Chairman Schapiro's Speech Provides a Window into the SEC Governance Agenda

SEC Chairman Schapiro recently made a speech about corporate governance at the Transatlantic Corporate Governance Dialogue which provides some insight into upcoming SEC initiatives in this area. In her speech, she indicated that the Commission is

Chairman Schapiro's Speech Provides a Window into the SEC Governance Agenda

SEC Chairman Schapiro recently made a speech about corporate governance at the Transatlantic Corporate Governance Dialogue which provides some insight into upcoming SEC initiatives in this area. In her speech, she indicated that the Commission is

Help Corzine Gain the White House - For the Republicans

Let's turn the playbook inside out and attack the Democrats as the 1%, as Wall Street and as favoring irresponsible deregulation and dismantling of consumer protections.

What To Consider When Choosing A Bankruptcy Attorney

Choosing the right bankruptcy attorney is one of the most important steps in filing for bankruptcy. Below are a few tips on what every debtor should consider when they hire a bankruptcy attorney: Choose Local Make sure that you chose a bankruptcy

Of Attorneys and Ostriches

Print PageJudge Richard Posner of the Seventh Circuit recently offered the following advice to appellate attorneys: When there is apparently dispositive precedent, an appellant may urge its overruling or distinguishing or reserve a challenge to it

Update: SEC Appeals Judge Rakoff’s Rejection of Citigroup Settlement

Yesterday, the Securities and Exchange Commission filed a Notice of Appeal of Judge Jed S. Rakoff’s November 28, 2011 order rejecting the proposed consent judgment reflecting the agency’s settlement with Citigroup. (We previously posted concerning

Massachusetts Ice Cream Bankruptcy and Pensions

Everyone in Massachusetts is a fan of Friendly's Ice Cream. Founded in the 1930s, it has been a family establishment throughout the Bay State for generations. Now, however, the company is mired in federal bankruptcy court and the new owner stands

The Daily Docket: Delta Petroleum Files for Bankruptcy

Oil-and-gas company Delta Petroleum Corp. filed for Chapter 11 protection with $57.5 million in bankruptcy financing lined up to fund its continued operations. Read the Daily Bankruptcy Review story here. Corporate bankruptcy filings in November

Keep Your Claws Off My Principal: Eleventh Circuit Weighs in on Recovery of Fraudulent Transfers in Ponzi Schemes

When a debtor in bankruptcy has operated, or been an instrument of, a Ponzi scheme, the appointed trustee may institute fraudulent transfer actions seeking to avoid and recover payments made in furtherance of the scheme. Defendants in these actions

Chairman Schapiro's Speech Provides a Window into the SEC Governance Agenda

SEC Chairman Schapiro recently made a speech about corporate governance at the Transatlantic Corporate Governance Dialogue which provides some insight into upcoming SEC initiatives in this area. In her speech, she indicated that the Commission is

Chairman Schapiro's Speech Provides a Window into the SEC Governance Agenda

SEC Chairman Schapiro recently made a speech about corporate governance at the Transatlantic Corporate Governance Dialogue which provides some insight into upcoming SEC initiatives in this area. In her speech, she indicated that the Commission is

Wall St. seeks dismissal of Ala. record bankruptcy

"Wall Street creditors asked a judge Thursday to throw out the record bankruptcy filed by Alabama's largest county over more than $4 billion in debt, arguing state law doesn't allow it." Read more here.

Should I fill up with high-octane gasoline?

Depending on the age and model of your car, high-octane gas might be a better choice.

Use a cash-out refinancing to make home repairs?

A cash-out refi is one way to make home repairs, but how does it stack up with other options?

How to avoid dipping into your savings account

If you often tap your savings account, try one of these tricks to become stingy again.

How can I get out of an upside-down car loan?

Refinancing is one way to solve a lopsided car loan, but remember to shop for the best rate.

Issuers push premium credit card offers in 2011

New credit cards from major issuers cater to business, travel, cash-back and high-end clients.