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

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Pay off home faster with a cash-in refinance

Want to pay your home loan more quickly? Try cash-in refinancing or one of these other options.

Writing off a tax loss on a franchise

Before determining the amount of tax loss on a franchise, make sure to amortize.

Risks of including car loan in bankruptcy

Reaffirming a car loan in bankruptcy can have negative consequences if you aren't careful.

Program: Woodland Hills Bankruptcy Judge’s Published Opinions

Dear Jon: Could you inform your readers that the San Fernando Valley Bar Association is presenting its annual program on the Woodland Hills Bankruptcy Judge’s published opinions, memorandum and tentative opinions? With two new judges at the Woodland

The End of TBTF? Have Patience

The current set of reforms creates a powerful framework of policy levers that can be used by global regulatory authorities to limit risk-taking, control bank size and deter banks from increasing their systemic importance.

Early Golden Parachute Shareholder Vote Results

Section 951(b)(2) of Dodd-Frank requires companies to hold a non-binding shareholder vote on executive severance packages (golden parachutes) in connection with M&A transactions that are presented for shareholder approval. Shareholder votes on golden

Early Golden Parachute Shareholder Vote Results

Section 951(b)(2) of Dodd-Frank requires companies to hold a non-binding shareholder vote on executive severance packages (golden parachutes) in connection with M&A transactions that are presented for shareholder approval. Shareholder votes on golden

MTV Settles Lawsuit From Boy-Band Creator

It’s not “All or Nothing” in boy-band creator Louis J. Pearlman’s bankruptcy. That’s because Pearlman’s bankruptcy trustee has settled with MTV in a legal battle over the network’s “Making the Band,” which spawned the boy band O-Town and its (only)

A Real Housewife of New Jersey Faces Bankruptcy Accusations

There’s more bankruptcy drama coming out of reality TV, this time involving reality TV star Jacqueline Laurita of “Real Housewife of New Jersey.” Laurita and much of her immediate family are accused of plundering the assets of a clothing company in

Bankruptcy Filings Down in Fiscal Year 2011

Thank you to the Hon. Scott Clarkson for giving us the lead on the following informative article from the U.S. Courts website: "Bankruptcy cases filed in federal courts for fiscal year 2011, the 12-month period ending September 30, 2011, totaled...

Change.org Petition Plays Part in BoA Debit Fee Reversal

In early October of 2011, Bank of America announced that it would begin charging its customers an additional $5 users fee for using its debit cards. In my financial literacy class the weekend after the announcement, some students were resigned to it

8TH ANNUAL BANKRUPTCY ETHICS SYMPOSIUM

THE BANKRUPTCY SECTION OF THE FEDERAL BAR ASSOCIATION & THE LOS ANGELES CHAPTER OF THE FEDERAL BAR ASSOCIATION Present the 8TH ANNUAL BANKRUPTCY ETHICS SYMPOSIUM Speakers: Hon. Catherine E. Bauer, United States Bankruptcy Judge Hon. Scott C. Clarkson

Inland Empire Bankruptcy Forum

IEBF Presents: Chapter 11 Bankruptcy Basics Tuesday, November 15, 2011 6:00 p.m. - 8:30 p.m. Please join our distinguished panel including United States Bankruptcy Judges Deborah Saltzman and Scott Clarkson, bankruptcy practitioner Robert Goe, and

“Catching Up” On Debt Payments In Chapter 13 Bankruptcy

The main benefit of Chapter 13 bankruptcy is that it allows a debtor to keep their assets while catching up on their debt payments. Below is a list of how certain debt payments and assets are treated over the course of Chapter 13 bankruptcy: Credit

Early Golden Parachute Shareholder Vote Results

Section 951(b)(2) of Dodd-Frank requires companies to hold a non-binding shareholder vote on executive severance packages (golden parachutes) in connection with M&A transactions that are presented for shareholder approval. Shareholder votes on golden

Early Golden Parachute Shareholder Vote Results

Section 951(b)(2) of Dodd-Frank requires companies to hold a non-binding shareholder vote on executive severance packages (golden parachutes) in connection with M&A transactions that are presented for shareholder approval. Shareholder votes on golden

Crystal Ball Gazing: Corporate Default Concerns Rise

We previously reported your predictions on U.S. default rates as the 2014 refinancing wall approaches, and promised to keep our ears to the ground to report any changes in market temperature. A Weil blogger always keeps his promises. The FT recently

The Daily Docket: Dish Closer to Owning TerreStar, DBSD

Dish Network Corp. is a giant step closer to owning TerreStar Networks Inc. and DBSD North America Inc., after settling a long legal fight with Sprint Nextel Corp. over a satellite-licensing agreement. Read the Daily Bankruptcy Review article here

Millions Of Foreclosures Face Review

More than 4 million borrowers who faced foreclosure between January 1, 2009 and December 31, 2010 may have a chance to have their foreclosure reviewed by an independent body. The reviews stem from a deal forged earlier this year in which 14 servicers

Newcomer is the Biggest Draw at Bankruptcy Party

Skill is one thing, but sometimes a little luck doesn’t hurt either. Click here for the whole story on how Bracewell & Giuliani ended up sailing off with a role in the Omega Navigation Enterprises case.