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

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Automatic Stay Lifted Despite Debtors’ Arguments Over Lawsuit Location

In the business bankruptcy of Jim’s Maintenance & Sons, Inc. and Jim’s Commercial Cleaning Ltd., the bankruptcy court ruled to lift the automatic stay for Target Corporation, allowing the creditor to pursue lawsuits against the debtors in both Texas

Mrs. Fields Couples Cookies, Caffeine in New Venture

Mrs. Fields is baking up a post-bankruptcy comeback, reinventing its shopping-mall counters to sell iced lattes alongside its white chocolate macadamia nut cookies and chocolate chip cookie cakes. Mrs. Fields emerged from its two-month-long Chapter

Administrative Costs In Bankruptcy Limited By Law

A debtor’s FICO score can range anywhere from 300 – 900 points. But most people’s FICO score ranges anywhere between 600 points to 790 points. The higher the score the better the credit report and the more opportunity a post- bankruptcy debtor has

Administrative Costs In Bankruptcy Limited By Law

In a recent Chapter 7 bankruptcy case, an attorney employed by the bankruptcy trustee submitted what the court considered “inflated” charges for her services. The attorney justified her charges to the bankruptcy estate saying that she in fact was

Hotel Bankruptcy Won’t Impact Hooter’s Restaurants

Getty Images Fans of chicken wings and cleavage, remain calm—your local Hooters is safe. This week’s bankruptcy filing by the owner of Las Vegas’s Hooters Casino Hotel may have given some devotees of the risqué restaurant chain a start. After all

Waukegan Bankruptcy Attorney On What An Attorney Needs To Know

Link As a bankruptcy attorney, you have to know a little bit about other areas of the law. You need to know a little bit about mortgages, you need to know a little bit about auto financing, and you need to know about credit cards, loans, divorce

Say-on-Pay Approval Below 70% May Receive "Greater Attention"

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

Say-on-Pay Approval Below 70% May Receive “Greater Attention”

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

Say-on-Pay Approval Below 70% May Receive "Greater Attention"

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

Say-on-Pay Approval Below 70% May Receive "Greater Attention"

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

Say-on-Pay Approval Below 70% May Receive "Greater Attention"

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

In "Anna Nicole Smith" Case, U.S. Supreme Court Limits Bankruptcy Courts' Authority

Many are familiar with Anna Nicole Smith, the late television personality who married an elderly oil tycoon shortly before his death and later became embroiled in a legal battle over his estate. Recently, the bankruptcy case of Vickie Lynn Marshall –

Payday Lender Pays Big for Misdeeds

The Federal Trade Commission has scored another win for consumers. Last week, it convinced a federal court to rule that payday lending company Swish Marketing must pay $4.8 million as a penalty for tricking consumers into buying expensive debit cards

Help! My Car Was Repossessed! Can Bankruptcy Help?

It’s early in the morning and you are just stepping out of the door to go to work and your car is not where you left it! Oh, no! You knew that you were a couple of months behind on your car payments and the creditor was calling but you didn’t quite

Decision in Tweeter Opco, LLC., Holds Non-Debtor Controlling Company Liable for Debtor's Violation of the WARN Act

Summary In a 24 page decision signed July 8, 2011, Judge Walrath of the Delaware Bankruptcy Court granted a motion to for summary judgment, holding a non-debtor defendant liable with the Debtor as a single employer for alleged WARN Act violations

Other People’s Money (Part II)

This is the second of a series of posts on the use of other people’s money to potentially fund claims against a debtor, and when that will give rise to standing for that party in the bankruptcy case. Today’s post looks at the Second Circuit’s

The Daily Docket: Lehman Fight Divides Customers, Creditors

Lehman Brothers Inc. Europe says the trustee winding down its U.S. counterpart could try to block European creditors from recovering $8.9 billion. But allowing such a claim has the potential to dilute recoveries for U.S. customers of Lehman Brothers

Bankruptcy Petition Preparers: A Really Bad Idea

Bankruptcy Petition Preparers. Should you hire one? Let’s face it. Folks with financial problems aren’t exactly flush with cash. So it’s tempting to cut corners in purchasing legal advice and to opt for the services of a bankruptcy petition preparer

Info from Chapter 13 Trustee

Recent postings by Aki Koyama, staff attorney for Kathy Dockery, on Facebook: 1. As you are aware, Judge Donovan has consolidated his two August Chapter 13 Calendars and will have only one Confirmation Hearing and Trustee Motion Calendar on August...

G20's Stability Board Needs Firmer Footing

A change in leadership for the Financial Stability Board is a pointed opportunity for the G20 to better focus on the FSB's role in coordinating global regulatory efforts.