ABI Blog Exchange

The U.S. Supreme Court issued its 8-1 decision in Ransom today.

In an 8-1 decision authored by Justice Kagan, the Supreme Court ruled today that an ownership expense is not "applicable" under the Means Test unless the Debtor has an actual payment. Ransom v.

Statistics recently issued by HMRC for the Business Payments Support Service (BPSS) since its inception confirm there has been a 45% drop in the number of arrangements approved for the first nine months of 2010 compared to the same period of 2009,

The Diocese of Milwaukee filed a petition for chapter 11 relief on January 4, 2011 after twenty years of dealing with sexual abuse claims and an unfavorable ruling on its insurance coverage.

In re O'Brien, Bankr. W.D. Mich., Jan. 4, 2011 (Case No. 09-00426, Hon. James D. Gregg).

In 2000, Natalie Portman starred in "Where the Heart Is," a movie about a pregnant 17 year old girl who makes her home in a Walmart.

Divorce is complicated. Tensions run high and while it can be handled amiably, it is usually very messy.

By: Shintaro Kitayama St. John's Law Student American Bankruptcy Institute Law Review Staff

By: Bryan Kotliar St. John's Law Student American Bankruptcy Institute Law Review Staff 

In re Rahim, Bankr. E.D. Mich., Dec. 16, 2010 (Case No. 10-57577-R, Hon. Steven Rhodes).

Last Friday, the attorney generals of Arizona and Nevada filed suit against Bank of America alleging state consumer fraud viol

As many business bankruptcy lawyers understand, there has not been a groundswell of real estate and single asset bankruptcy cases, as predicted during the beginning of the current economic downturn.  The latest edition of the

The first case argued before the Supreme Court this term was No. 09-907, Ransom v. FIA Card Services, N.A.

The Internal Revenue Service reported this week that IRS audits are up 11% for this year. Frankly, it's not real surprising.

By: Elisa M. Pickel St. John's Law Student American Bankruptcy Institute Law Review Staff