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

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The Broke and the Beautiful: Housewives Edition

Reuters This week in The Broke and the Beautiful, housewives both real and fictional are in bankruptcy court, the New York Times nails a profile on former slugger Lenny Dykstra, and a former art-gallery director will get some nice weekend vacations

Activist Judges Strike Down SEC Proxy Access Rule

A unanimous D.C. Circuit panel this morning invalidated Rule 14a-11 as "arbitrary and capricious", ruling that the SEC had failed to consider the potential costs and other impacts of the rule. This outcome was fairly predictable given the composition

Activist Judges Strike Down SEC Proxy Access Rule

A unanimous D.C. Circuit panel this morning invalidated Rule 14a-11 as "arbitrary and capricious", ruling that the SEC had failed to consider the potential costs and other impacts of the rule. This outcome was fairly predictable given the composition

After bankruptcy–getting your credit report right!

Here’s an email I got today from Jennifer. Jen and Ken filed bankruptcy in February 2010. Because Jen’s bankruptcy does NOT show on her credit report, her credit score is much lower than Ken’s. ( Jennifer and Ken are not their real names.) If your

Tax Refund Anticipation Loans, A Thing Of The Past?

Yes, tax season is over, but the battle of tax refund anticipation loans is still ongoing. The Federal Deposit Insurance Corp. (FDIC) is going after Republic Bank & Trust Co., the last bank standing who issues tax refund anticipation loans. The FDIC

Fast Paced Chapter 11 Bankruptcy Cases Causing Problems?

Ideally, companies filing Chapter 11 bankruptcy want to enter and exit bankruptcy as quickly as possible. But sometimes a bankruptcy case can move so fast that it can cause problems for both the creditors and the bankruptcy trustee. Below are a few

Texas Bankruptcy Court Upholds Oral Contract

In the bankruptcy case of an unregistered architect here in Texas, the former clients of the debtor submitted a claim saying that the debtor breached contract and/or that their oral contract is void because he is not a registered architect. After

The Daily Docket: Judge Closes the Book on Borders

A bankruptcy judge on Thursday effectively closed the book on Borders Group Inc., approving the liquidation of most of the bookseller’s remaining 399 stores. Read the Daily Bankruptcy Review story here. Meanwhile, Bankruptcy Beat has the list of 30

And the survey says…

The results are in on our first ever reader survey about our Blog, and we thought we’d share them with you. A whopping 65.6% of our respondents told us that their favorite types of blog articles are those that focus on discussions of recent case

Activist Judges Strike Down SEC Proxy Access Rule

A unanimous D.C. Circuit panel this morning invalidated Rule 14a-11 as "arbitrary and capricious", ruling that the SEC had failed to consider the potential costs and other impacts of the rule. This outcome was fairly predictable given the composition