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ABI Blog Exchange

The Delaware Supreme Court recently held that creditors lack standing to bring a derivative suit on behalf of an insolvent Delaware limited liability company (an “LLC”) under the Delaware Limited Liability Company Act (the “LLC Act”)
A maker of sweet treats for Scots may face a sour fate.
"Former Texas Rangers CEO Chuck Greenberg is interested in bidding for the bankrupt Dallas Stars of the National Hockey League, a lawyer said in a Delaware court Monday, according to a Bloomberg news report.
"Two top executives at a bankrupt California solar energy company say they will invoke their Fifth Amendment rights and refuse to answer questions when they appear at a House hearing on Friday." Read more here.
"It looks like Joe Giudice is going to deal with his debts, after all. At least, that's the impression he's giving. Nearly a year after Real Housewives of New Jersey reality star Teresa Giudice and her husband both filed for...
Ask Ms. Ps and Qs* By Nancy Rapoport, on September 11th, 2011 Beware the bankruptcy lawyer wanna-bes. My hubby, who's also a lawyer, recently forwarded me an email that began with these two rather optimistic lines: You May Not Have...
The College Board announced this week that SAT scores among U.S. high school students dropped from last year.
Dealing with mortgage servicers can be frustrating. Sometimes it is difficult or impossible to get a clean chain of title or a good accounting.
A bankruptcy judge on Tuesday rejected Barnes Bay Development Ltd.’s Chapter 11 plan, wiping out the claims of dozens of wealthy individuals who plunked down money to buy vacation homes at its Caribbean luxury resort.
Weil partner Ronit Berkovich will serve as a Moderator at the 2011 Turnaround Management Association’s Annual convention.

Gary Retelny Talks to Us as the Newly Appointed President of ISS

MSCI, the parent company of ISS, recently announced that Gary Retelny, a member of MSCI’s Executive Committee and its Corporate Secretary, has been appointed President of ISS.  As ISS is clearly an influential force in corporate governance devel

Gary Retelny Talks to Us as the Newly Appointed President of ISS

MSCI, the parent company of ISS, recently announced that Gary Retelny, a member of MSCI’s Executive Committee and its Corporate Secretary, has been appointed President of ISS.  As ISS is clearly an influential force in corporate governance devel
My final job as President of INSOL Europe is to host this year's conference in Venice. The last few days of preparations have been busy, but have brought home just how much has gone on.