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

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Time to Get Away from Flat Pricing

In a flat-fee model, most of the innovative energy goes into reducing costs rather than developing services customers value.

Company Looks to Squeeze Fresh Value from Groves

For one Florida company, it’s out with the citrus and in with the stone. Old Corkscrew Plantation LLC, which has thousands of acres of orange groves on its Florida property, doesn’t seem to have any immediate ideas for how to restructure the hefty

Decision in Crucible Materials Requires Preference Claims to Contain More Than Just Recitations of the Code

Summary In a 12 page decision signed July 6, 2011, Judge Walrath of the Delaware Bankruptcy Court granted a motion to dismiss, holding that a complaint that sets forth only conclusory allegations parroting the statutory language of the Bankruptcy

Delaware's Choice-of-Law Analysis as Provided in a Decision in PMTS Liquidating Corp., Which Partially Granted a Motion to Dismiss

Summary In an 20 page decision signed July 1, 2011, Judge Shannon of the Delaware Bankruptcy Court partially granted a motion to dismiss, holding that the allegations of fraud in the complaint were insufficiently pled as to one of the defendants

Could Bankruptcy Debtors Face Prosecution For Lying On The Credit Applications?

In a recent bankruptcy case a debtor who habitually lied about his income to get credit cards is facing up to 90 years in jail for lying to three credit card companies about his income. Under Title 18 of the U.S. Code, Section 1014 it is a federal

Dodgers Bankruptcy Threatens Super Bowl Merchandiser

Associated Press The Los Angeles Dodgers’ Chapter 11 filing might pick off one of its primary vendors: Facility Merchandising Inc. The company, which holds the exclusive contract to sell ball caps, T-shirts and other souvenirs at Dodger Stadium, said

QRM Rule Should Recognize Life's Full of Trade-Offs

Regulators need to abandon the proposed approach at defining QRM-eligibility and implement one that allows for prudent but flexible risk-taking.

Three Laws That Protect Post-Bankruptcy Debtors

Debtors exiting bankruptcy are often afraid of debt and the credit industry in general. Many post- bankruptcy debtors are gun shy about applying for credit because they are terrified that they will make mistakes which will land them in bankruptcy

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

Reading the Tea Leaves on SEC Rulemaking Schedule

The SEC website contains a schedule of Dodd-Frank rulemaking, which has been helpful but at times confusing when the schedule is updated with little notice. Currently, the schedule for the next five months of August - December includes: Final rules:

We Got A Credit Line Increase

The Country is Saved. We Won't Default. We Won't Need the EU to Bail US Out! Hooray!!!As I noted in a Tweet, if the U.S. defaulted and ended up in Bankruptcy, who would be the Trustee, the guardian of creditors like China? Luxembourg???The entire

We Got A Credit Line Increase

The Country is Saved. We Won't Default. We Won't Need the EU to Bail US Out! Hooray!!!As I noted in a Tweet, if the U.S. defaulted and ended up in Bankruptcy, who would be the Trustee, the guardian of creditors like China? Luxembourg???The entire

We Got A Credit Line Increase

The Country is Saved. We Won't Default. We Won't Need the EU to Bail US Out! Hooray!!!As I noted in a Tweet, if the U.S. defaulted and ended up in Bankruptcy, who would be the Trustee, the guardian of creditors like China? Luxembourg???The entire

What Happens When a City Files for Bankruptcy?

Bankruptcy has been in the news a lot lately, and not just because individuals are seeking bankruptcy protection. Thanks largely to the economic strain in much of the country, municipalities are now considering bankruptcy in large numbers. But what

One Court Date Required States Stone Park Bankruptcy Lawyer

Link Potential clients need to know that there’s going to be one court appearance that has to be taken with their attorney, and they’re going to meet in front of a trustee, which is a person appointed by the bankruptcy court to look over their case

Credit Counseling Required Prior To Filing Says Berwyn Bankruptcy Attorney

Link Let’s say the potential client is a Chapter 7 fresh start candidate. We are going to go into detail on what’s involved in a Chapter 7 bankruptcy. We’re going to talk about the paperwork that they need to gather. For example, we need two months’