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

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Oregon Newspaper Publisher Has Fighting Words for Lender

The publisher of the Bend (Ore.) Bulletin filed for bankruptcy protection Tuesday after exhausting negotiations with its biggest lender—triggering a war of words on the newspaper’s pages that sings to the spirit of its feisty longtime publisher

After 29 Years, Northern Pipeline Still Has Teeth

In this installment of “Throwback Thursday,” we review the Supreme Court’s 1982 Northern Pipeline Constr. Co. v. Marathon Pipe Line Co. decision, 458 U.S. 50, one of the key decisions relied upon by the Court in its recent Stern v. Marshall decision

Protecting Co-Signers In Chapter 13 Bankruptcy

If you’re a debtor who has a secured loan with a co-signer, you may be concerned about how your Chapter 13 bankruptcy will impact the co-signer. This is especially important if that co-signer is a spouse or other family member who isn’t part of the

How Will My Divorce Decree Impact My Bankruptcy?

Divorced debtors considering bankruptcy are often concerned about agreements they made in their divorce decree. The good news is that if the divorced debtor’s financial situation has changed in a way which warrants bankruptcy, they may be able to

Should Fans Have A Say In Dodgers’ Bankruptcy?

The children of Frank Sinatra, a long-time Dodgers fan who has held season tickets for his family since 1958, have filed an official request with the bankruptcy court asking that they and other season ticketholders be allowed to form an official

The Daily Docket: Bankruptcy Judge Weighs WaMu Plan Arguments

A bankruptcy judge indicated Wednesday that creditors may not have to wait long to find out whether she will confirm Washington Mutual Inc.’s $7 billion Chapter 11 plan. Read the Daily Bankruptcy Review story here. Premier Trailer Leasing Inc. filed

Capital Markets Heading Where? Comments From the BisNow Dallas Capital Markets Summit

Yesterday, I attended the BisNow Dallas Capital Markets Summit. My partner Chris Nixon chaired the debt panel in front of a crowed that looked to be 400+. The room was packed (forcing the hotel staff to bring in extra chairs). The focus was on "where

Refinancing Malarkey

It looks like the Obama Administration is about to endorse some version of the Hubbard-Mayer plan of letting everyone (or at least everyone with an agency mortgage) refinance at today's low rates, regardless of whether they are delinquent or


Bankruptcy Tweets for August 2011 - Part I

Still catching up... Below are my first 24 bankruptcy case tweets of August 2011 and one other tweet of general interest since my last post of August 21. RSS Feeds are also available. All my twitter posts are here (twitter) or here (blog). The chart

Defies Credulity Eupdate

The last big fix to the European debt crisis, quietly unraveling since its announcement on July 21, is loudly imploding over collateral. Turns out that Finland, representing less than 2% of the Eurozone package and 37.876% of the political noise

Foreclosed Homes Bulldozed by Bank Of America, Wells Fargo, and Chase

Stephen Gandel, senior writer over at Time Magazine, discussed the recent news from Bank of America of BOA’s plans to donate lots after bulldozing 100 foreclosed Cleveland homes. The lots will be donated to local government authorities. That donation

Split monthly mortgage payment saves money?

If you want to save on mortgage interest, here's the best way to do it.

5 celebrity neighborhoods

Want celebrity neighbors? Then live in their neighborhoods, but keep in mind fame doesn't come cheap.

Car loan debt stays with owner upon death

Refinancing your car into your own name could protect a spouse in the event of your death.

Mortgage rates reach record low

The 30-year, fixed-rate mortgage falls to a record low. It's a good time to refinance.

Getting (tax) credit for college expenses

Use the American opportunity credit to help pay college costs, including tools required for school.

8 steps to rid credit report of old debt

When debt remains on your credit report past its expiration date, get it removed.

FINANCIAL LAWYERS CONFERENCE

Stern v Marshall: Anna Nicole, Stripped of Legacy, Forces Bankruptcy System to Rerun Marathon Thursday, October 6, 2011 The panelists will explore the interpretations and implications of the Supreme Court's opinion in Stern v. Marshall, undoubtedly

Law Firms as Debtors-in-Possession: Lessons and Cautionary Tales

Los Angeles Bankruptcy Forum Presents its September 19, 2011 Program The Program will address issues that arise upon a law firm's insolvency. Panel members have served as Trustee, Creditors Committee counsel, Debtor's counsel, and special litigation

Judge: Borders Pay Adviser Didn’t Violate Fee Rules

EPA/Matt Campbell A bankruptcy judge ruled that Mercer Inc., a consulting firm employed to advise Borders Group Inc. on employee compensation, didn’t violate fee rules by passing along its own attorney bills to the now-failed bookseller’s Chapter 11