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

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Picking at the Carcass: Thanksgiving Thoughts from the Weil Bankruptcy Blog

We at the Bankruptcy Blog have been working around the clock to bring you the most timely and insightful updates and commentary on the world of bankruptcy, but we have to admit that today, we’ve got turkey, football, seeing the in-laws, home cookin’

The Daily Docket: Medicis Buys Graceway

Medicis Pharmaceutical Corp. won bankruptcy court approval Tuesday to close on the $455 million acquisition of Graceway Pharmaceuticals LLC, after a fight with an advertising agency that claimed its intellectual property was caught up in the deal

Bankruptcy and Military Security Clearances

Every member of the military must apply for a personal military security clearance. A person entering the military does not automatically receive a security clearance; it must be formally applied for and granted. Along with relevant personal data

U.S. Trustee Office Proposes New Fee Application Guidelines

On November 4, 2011, the Executive Office of the United States Trustee Program released proposed revisions to the Guidelines for Reviewing Applications for Compensation filed under Bankruptcy Code section 330. The current guidelines became effective

College must-have: insurance for your student

Along with books, laptops and dorm rooms, college kids need insurance against the unexpected.

Will your auto insurance cover carpooling?

Whether you're carpooling or ride sharing through a program, know your insurance coverage.

Surviving the game with 'The Wire's' Idris Elba

Frugal is when your biggest splurge following huge success is a new van. Just ask Idris Elba.

Stay afloat in the face of natural disasters

2011 has been a record year for natural disasters. Follow these steps to protect your finances now.

HARP reboot heightens allure of refinancing

Amid steady mortgage rates, borrowers are tempted to refi underwater loans under new rules.

Lowest credit card fee for foreign travel?

Foreign transaction fees on credit cards can add up, so it pays to know the facts before you go.

5 small diesel cars that save on fuel

Hybrids and electric cars aren't the only ones capable of fuel savings. Think diesels, too.

Rothstein Auction Raises Thousands For Creditors

Getty Images Auction ringman Harlan Powers relays a bid during an earlier government run auction, in June 2010, of convicted Ponzi schemer Scott Rothstein’s cars and boats in Fort Lauderdale, Florida. A bidding bonanza for the belongings of

Bankruptcy Counseling: Learn These Important Financial Terms

Financial education has always been highlighted as one of the keys to success – and when you’ve just declared bankruptcy, it’s more important than ever to stay on top of important (and often confusing) financial terms. After all, many brilliant

Mortgage Principal Can Be Cut Without Moral Hazard

Harp II will only be an indirect help to housing. Addressing the challenges of negative equity and shadow inventory will require new thinking on the strategic use of principal reductions.

Citigroup Reaches into Accounting Cookie Jar

There is always room to maneuver when a balance sheet number represents "management's best estimate."

American’s Airlines Parent Company Closer to Bankruptcy?

Bloomberg Businessweek reports this week that American Airlines’ parent company, AMR, may be edging closer to a bankruptcy filing. The assessment came on the day of AMR’s final board meeting of 2011, an occasion on which members were forced to

FINANCIAL LAWYERS CONFERENCE

FINANCIAL LAWYERS CONFERENCE -- Thursday, December 8, 2011 214 Main Street, #336, El Segundo, CA 90245 (310) 322-1350 · Fax (310) 615-4581 WEB SITE: www.financiallawyers.org Constructive Trust And Other Non-Bankruptcy Law Rights And Remedies: Do You

Bankruptcy Court Reduces Damages Due To Pre-Bankruptcy Misbehavior

In a recent Chapter 13 bankruptcy case, the bankruptcy court significantly reduced both damages and attorney’s fees awarded to a debtor who was the victim of an automatic stay violation. The bankruptcy court argued that the debtor engaged in behavior

Don’t Take It Personally: Navigating Derivative Suits Granted to a Liquidating Trustee

The United States Bankruptcy Court for the District of Delaware, in CD Liquidation Co., LLC, recently enjoined a shareholder from independently pursuing claims against another shareholder in the United States District Court for the Southern District

Fox Sports Challenges Dodgers Bankruptcy

Fox Sports is calling for the dismissal of the Dodgers bankruptcy case and the Dodgers are suing Fox Sports news in the latest twist in a sports team Chapter 11 bankruptcy that continues to become more brutal by the week. The last twist in the