ABI Blog Exchange

Special Feature: Liability Management Whack-a-Mole

Liability management exercises and consequent objections to and redrafting around those LMEs have been compared by some commentators to a game of whack-a-mole. Just as one strategy arguably permitted by contract is accepted or rejected by the courts

Weekly News – March 29

Special Edition; tons of holiday content! Altice machinations, judge shopping still in the spotlight, Adam Neumann enters the fray, RAD global settlement, and much, much more! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏

March 29, 2024 Bankruptcy Quiz

(From Dave’s SCOTUS Stash) Two weeks ago, I promised to get back to Bankruptcy Quizzes, but on an every other week basis. Unfortunately for my Spring Break, I had an emergency Chapter 11 filing today that had me up at 3:30 a.m. Thus, lacking time but

Press Release: Prominent Restructuring Attorney Adam Paul Joins Gordian Group

Gordian Group, a premier restructuring investment bank, today announced that Adam Paul is joining the firm as a Senior Managing Director. Adam previously was a senior partner in the Restructuring practice of Kirkland & Ellis and the global co-chair

Differences Between Foreclosure and a Sheriff’s Sale in PA

When your property is being sold off to satisfy creditors, you should receive a notice for foreclosure and a sheriff’s sale. While these processes are related, there are differences between them that can seriously impact your case. If you are behind

How Much Notice Will You Get Before Your Property is Sold at a Sheriff Sale in New Jersey?

A sheriff’s sale is the sale of a repossessed property by law enforcement. Many individuals can be dismayed when a sale of their property takes place after it has been possessed. It can feel like the final nail in the coffin for ever having a chance

What is the Longest Wait Time for SSDI Approval?

If a recent accident or diagnosis has left you unable to work, you can apply for Social Security Disability Insurance (SSDI) benefits. Doing this right away is important, as it could be a few months before the Social Security Administration (SSA)

How Does a Sheriff’s Sale Affect Your Credit Score?

If you are expecting to go through foreclosure or your property is going to be sold at a sheriff’s sale, you may be concerned about the potential consequences of that sale. You likely know that you will not have ownership of that property anymore

Bankruptcy Abuse Rarely Works . . . Because Of Gatekeepers—BANKRUPTCY COURTS (Part 4)

By: Donald L Swanson Over the years, I’ve heard lots of people say, “Bankruptcy abuse is a huge problem,” as a self-evident and undeniable proposition. But here’s the thing. Debtors who try to abuse the bankruptcy system rarely get away with it. That

Lambos. Jewels. How ‘easy money’ from Uncle Sam made Miami a feast for PPP fraudsters

The Miami Herald reported on PPP fraud in South Florida, which is currently being prosecuted by the government. The article can be found at https://www.msn.com/en-us/news/crime/ar-BB1ktBVX?utm_source=pocket_myli… Rather than spending the money on

Special Feature: In Conversation With

We are truly excited to ask these industry veterans their take on the latest industry trends, how they have navigated all the twists and turns of their careers, and what they see looking into the crytsal ball. CRC: Let’s get to know each other. What

Your Bankruptcy Budget–Don’t Forget Coffee

Your Bankruptcy Budget When you fill out your bankruptcy budget, remember inflation. Some people give me a food budget that might have worked ten years ago, but not now. Do you buy coffee every morning at the 7-Eleven/? Some people think of just the

Bankruptcy Abuse Rarely Works . . . Because Of Gatekeepers—U.S. TRUSTEES (Part 3)

By: Donald L Swanson Over the years, I’ve heard lots of people say, “Bankruptcy abuse is a huge problem,” as a self-evident and undeniable proposition. But here’s the thing. Debtors who try to abuse the bankruptcy system rarely get away with it. That

How to Write a Successful Appeal Letter for Long-Term Disability

While having insurance provides an important financial safety net for unexpected accidents, insurance companies are notoriously difficult to deal with. If your long-term disability insurance claim is denied, an attorney can help you write an

The Fifth Circuit Joins the Eighth and Ninth Circuits in Holding that Avoidance Actions are Estate Property that may be Sold Pursuant to Section 363 of the Bankruptcy Code

Weekly News – March 22

Evergrande fraud, Altice paints screens red, S&C on firing line, Barings bust, Fisker machinations, retailer pain continues and much, much more… ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏

What if Your Property Sells Lower in a Sheriff’s Sale Than Your Amount Owed?

Watching your property get sold to the highest bidder at a sheriff’s sale is generally not a pleasant experience. Sheriff’s sales are the final step in the foreclosure process, where property is sold to pay debts that a debtor owes to various

Guide to Auxiliary Benefits (Family Disability Benefits)

When one parent can no longer work because of a disability, the other, along with their children, might be eligible for auxiliary benefits from the Social Security Administration (SSA). Also known as family benefits, auxiliary benefits are paid in

N.C. Ct. of App.: Smith Debnam v. Muntjan- Statute of Frauds

N.C. Ct. of App.: Smith Debnam v. Muntjan- Statute of Frauds Ed Boltz Sat, 03/23/2024 - 01:51 ​​​​​​ Summary: Smith Debnam sued Paul Muntjan for amounts owed for legal services provided to Paul Muntjan's son, Nick Muntjan. The parties disagreed about

N.C. S.Ct.: Taylor v. Bank of America- Statute of Limitations for Fraud in Mortgage Modification runs from Foreclosure Date

N.C. S.Ct.: Taylor v. Bank of America- Statute of Limitations for Fraud in Mortgage Modification runs from Foreclosure Date Ed Boltz Fri, 03/22/2024 - 21:28 Summary: The plaintiffs, a group of homeowners from various states, alleged that Bank of