Skip to main content
Help Center
banner

ABI Blog Exchange

article-exchange

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

Read Article

Tavern on the Green Name Heads to Auction Block

AFP/Getty Images After a taste of the Tavern on the Green brand, Louis Bivona is hungry for more. The operator of Tavern Direct—which distributes salad dressings, oils and marinades under the name associated with the now-defunct, once-opulent

Omnibus Update on (Declining) Bankruptcy Filing Rates

The June bankruptcy filing figures came out while I was away, and the July figures came out a little late. Thus, I have missed the past two monthly posts on the bankruptcy filing rate. Consider this an omnibus update on the pace of bankruptcy filings

Bankruptcy 101: Eliminating Your Debts in Bankruptcy

Bankruptcy releases a debtor from personal liability for certain types of debts through a process known as the bankruptcy “discharge.” Once the debtor’s discharge is granted by the bankruptcy court, he or she is no longer legally required to make

09/08: 29th Annual Advanced Business Bankruptcy Course

Weil partners, Stephen Youngman and Paul Asofsky, will be speaking at the 29th Annual Advanced Business Bankruptcy Course, cosponsored by the Bankruptcy Law Section of the State Bar of Texas. September 8, 2011 Houston, Texas 9:30 am “Head ‘em Up

09/16: Bankruptcy 2011: Views from the Bench

Weil partner, Gary Holtzer, will be speaking at the Bankruptcy 2011: View from the Bench, hosted by the American Bankruptcy Institute. September 16, 2011 Georgetown University Law Center – Washington, D.C. Bankruptcy 2011: Views from the Bench offers

09-21 and 09-22: 37th Annual Lawrence P. King and Charles Seligson Workshop

Weil partners, Harvey Miller, Marcia Goldstein and Steve Karotkin will be serving on panels at the American Bankruptcy Institute’s 37th Annual Lawrence P. King and Charles Seligson Workshop. September 21 and 22, 2011 New York University School of Law

Bankruptcy Court’s Post-Confirmation Subject Matter Jurisdiction Has Limitations – Especially Where Discovery Disputes with Post-Confirmation Trusts Are Concerned

It may be only natural to assume that long after a bankruptcy court has confirmed a chapter 11 plan and the debtor’s case has closed, a bankruptcy judge would no longer be called upon to decide disputes among parties involved in the now closed case

The Daily Docket: Judge Approves Lehman Deal With Fraser

A judge on Wednesday approved Lehman Brothers Holdings Inc.’s deal with WCAS Fraser Sullivan Investment Management LLC, which allows Lehman to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review article here

Settlement Payments Made to Redeem Commercial Paper Prior to Maturity Cannot be Avoided by a Bankruptcy Trustee

In a case of importance to many creditors throughout the country, the Second Circuit has ruled that section 546(e), which shields settlement payments from avoidance actions extends to an issuer’s payments to redeem its commercial paper prior to

Maximizing The Benefits of Your Financial Management Course After Bankruptcy

After bankruptcy reform was passed in 2005, debtors filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy were required to take a personal financial management course before they could receive their bankruptcy discharge. Bankruptcy debtors who

Bankruptcy Filings Drop Due To Apathy

Throughout the year, we’ve seen the reports on the decrease in consumer bankruptcies each quarter in 2011. But with the economy still in the toilet for most Americans, is the decrease really because things are getting better? Or is...

Important Facts About Bankruptcy’s Automatic Stay

The automatic stay is probably the most important protection provided by bankruptcy. When a debtor files bankruptcy, the automatic stay stops debtors from taking any action against the debtor. Below are a few important facts every bankruptcy debtor

Should I Walk Away From My Mortgage, File Bankruptcy Or Do Both?

The number of homeowners facing foreclosure remains elevated despite hopes that the housing market was recovering. Many homeowners who are months or even more than a year delinquent on their mortgage payments fear an eviction could come any day. But

Medical Bills Often Lead To Bankruptcy States Oak Brook Bankruptcy Attorney

Link Another scenario where chapter 7 bankruptcy is important is in the area of medical bills. Very often, people have either no insurance or they have limited medical insurance that does not cover whatever medical procedure or condition they have

Moody's Report on Increase Use of Short Sales of Residential Loans: What About Commercial Real Estate?

The National Mortgage News recently commented on a Moody's finding that short sales (described below) increasingly are being used as a tool to mitigate losses on distressed residential loans. Faced with increased liquidation costs due to lengthy

Roy McFarland, Esq. Joins a Rocket Lawyer!

The McFarland Law Group LLC proudly announces Roy McFarland, Esq. is now a Rocket Lawyer! Click here to see his profile. Rocket Lawyer was founded in August of 2008 to make legal wellness more accessible and affordable for everyone. Rocket Lawyer

Objecting to Credit Card Claims in Bankruptcy

It is becoming more common for debtors to receive notification of a proof of claim in their bankruptcy from a party they have never even heard of, let alone dealt with. This often takes the form of a company claiming to have purchased credit card

Q&A with Lisa Lampanelli

The Comedy Central roast queen "let comedy in" after working jobs that didn't suit her taste.

Can you deduct building materials for new home?

You can deduct taxes paid on building materials if you buy them directly, among other criteria.

Don't sail off without boat insurance

One boating accident can sink your summer budget. Make sure you have adequate coverage.