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

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CRC Reports on Purdue Pharma in AIRA Journal

Martin Bienenstock, Marshall Huebner, and Clifford P. White III The Supreme Court heard oral argument in the highly anticipated Purdue Pharma bankruptcy case on December 4, 2023. At stake, $6 billion of payments by the Sackler family to compensate

Special Masters Are Needed In Bankruptcy, Part 1: Use Of Special Masters In Federal District Courts Under Rule 53

By: Donald L Swanson This is the first in a series of four articles on why Fed.R.Bankr.P. 9031, titled “Masters Not Authorized,” needs to be amended to authorize the utilization of special masters in complex bankruptcy cases. The focus of this first

What You Can Do With Money Before Filing Bankruptcy

Too many people think that a bankruptcy judge or trustee is going to scour their prebankruptcy spending, looking for behavior that would disqualify them from relief. It’s not so. Yet there seems to be real anguish that “they” are going to toss your

Top Tech Trends at NAB 2024: Navigate the Future with Insight

In an era where technology evolves at breakneck speed, staying ahead of the curve is crucial for companies looking to make a mark. As we approach NAB 2024, Bob Gold & Associates (BG&A) has pinpointed several key tech trends that are shaping the

Bankr. M.D.N.C.: In re Miller- Fraud and Similar Claims Related to Denial of Mortgage Modifications

Bankr. M.D.N.C.: In re Miller- Fraud and Similar Claims Related to Denial of Mortgage Modifications Ed Boltz Wed, 02/21/2024 - 02:00 Summary: Yitzhak Miller brought claims against related to the mortgage servicers related to three rental properties

A Return to the Old Standard—The Department of Labor’s New “Final Rule” Replaces Its Recent Guidance in Favor of Decades of Judicial Precedent.

By: Mary Shahverdian Workers and employers should be paying attention. A critical classification analysis that determines for whom the Fair Labor Standards Act (FLSA) applies is changing soon—thanks to a … The post A Return to the Old Standard—The

Chapter 13 NoLook Fees: Fair vs. Affordable

I’ve long campaigned for compensation of bankruptcy practitioners that recognizes the practitioner’s skill set and the complexities of this practice. Without real-world compensation, bankruptcy can’t compete for legal talent. Alongside that campaign

“Special Masters” Are Needed In Bankruptcy: An Interview With Judge Kaplan

By Donald L. Swanson Hon. Michael B. Kaplan is Chief Bankruptcy Judge for the U.S. Bankruptcy Court in New Jersey. Beginning with his appointment as Bankruptcy Judge in 2006, and throughout his judicial career, Judge Kaplan has presided over many

Bankr. M.D.N.C.: In re Myatt- Equitable Distribution Award for 401k effective without QDRO & still Excluded from Estate

Bankr. M.D.N.C.: In re Myatt- Equitable Distribution Award for 401k effective without QDRO & still Excluded from Estate Ed Boltz Mon, 02/19/2024 - 17:23 Summary: The bankruptcy court overruled the chapter 7 trustee's objection to the debtor Catherine

What Are the Revised Department of Justice Guidelines for Discharging Student Loan Debt?

What Are the Revised Department of Justice Guidelines for Discharging Student Loan Debt? Law Office Blogger Mon, 02/19/2024 - 06:43 As of February 14, 2024, the revised Department of Justice (DOJ) guidelines for discharging student loan debt are

Why Do Long Term Disability Claims Get Denied in NJ?

Long-term disability insurance offers a financial lifeline when an individual is unable to work because of a disabling condition. Despite their critical role, these claims often face denials for various reasons, leaving claimants in an unsettling

SBA Charge Off of SBA EIDL Loans

Many clients who have defaulted on SBA loans receive a letter from the SBA indicating that their loan has been charged off. They ask us if this means the loan has been forgiven and does not need to be paid back. “Charging off” is an accounting

Weekly News – February 16

Robertshaw LME sh*t sh*w, WeWork Examiner sought, Boy Scouts stopped in their tracks, Ergen against the ropes, Houston continues to have a PO Box issue, and much, much more! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏

Special Feature: Committee Standing

Earlier this month a Delaware bankruptcy judge ruled that a creditors’ committee has standing to pursue breach of fiduciary duty claims on behalf of a Delaware limited liability company’s bankruptcy estate against the company’s officers. This holding

Law Review: Alexandra P. Sickler, Big Banks & Small Consequences in Chapter 13, 39 Emory Bankr. Dev. J. 559 (2023).

Law Review: Alexandra P. Sickler, Big Banks & Small Consequences in Chapter 13, 39 Emory Bankr. Dev. J. 559 (2023). Stafford Patterson Sat, 02/17/2024 - 05:01 Abstract: Mortgage creditors struggle to properly service mortgages in chapter 13 cases, as

Bob Gold to Moderate Distribution Strategies Panel at StreamTV Growth Summit

Don’t miss the StreamTV Growth Summit, a free virtual event on February 20-21, 2024. Bob Gold & Associates President Bob Gold is set to moderate the panel on “Charting the OTT Frontier: A Look at Distribution Strategies, Partnerships and Evolving

Can My Long-Term Disability Benefits Be Terminated in Pennsylvania?

Many people who cannot work due to a disability often rely on long-term disability benefits like Social Security Disability Insurance (SSDI). If you are receiving benefits like these, you should talk to a lawyer about the possibility of termination

How Do Long Term Disability and ERISA Work in NJ?

Navigating the intricacies of long-term disability and ERISA regulations in New Jersey can be a daunting process. Understanding the nuances of federal regulations, insurance policies, and individual rights can be a complex landscape for anyone

Bankr. E.D.N.C.: First Recovery v. Sanders II- Nondischargeable Claim under § 523(a)(2)(A)

Bankr. E.D.N.C.: First Recovery v. Sanders II- Nondischargeable Claim under § 523(a)(2)(A) Stafford Patterson Thu, 02/15/2024 - 16:23 Summary: Plaintiffs First Recovery and Dylan Brooks sued the debtor Keith Douglas Sanders seeking to have a $1.3

Can Contempt For Violating Discharge Injunctions Be Pursed In A Class Action? (Bruce v. Citigroup)

By: Donald L Swanson Can the contempt remedy for a creditor’s violations of the discharge injunction in multiple bankruptcy cases throughout the land be imposed in a class action lawsuit? The answer from the First Circuit Court of Appeals is, “No” (