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

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English Courts Scheming Widely

European restructuring specialists have their eyes focused squarely on the recent judgment of Briggs J in the English High court case of Rodenstock Gmbh [2011] EWHC 1104. In Rodenstock, Briggs J sanctioned an English Companies Act scheme of

Arizona Man Seeking to Take Over Giordano’s Case Arrested

Melanie Cohen Fringe activist Marshall Home, who has filed a series of court documents to try to take over the bankruptcy case of Chicago pizza chain Giordano’s, was put behind bars on Friday. Home was arrested in Tucson, Ariz., in connection with

The 20% Solution: Risk Retention Will Help Reprivatize Mortgages

The proposed definition of QRM would restore investors' trust in home loan standards. Don't we want to wean the market off federal support?

Is Asbestos Defense Anti-Consumer?

The Boston Herald has a piece questioning Elizabeth Warren's consumer bona fides because she worked on a 2008 Supreme court appeal for Traveller's Insurance involving the validity of Traveller's settlements for asbestos liability relating to Johns

The Daily Docket: Dodgers Seek Selig’s Testimony

The Los Angeles Dodgers are demanding that Major League Baseball Commissioner Bud Selig and a slew of other officials submit testimony as part of the team’s Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review story here. Millennium Global

Form and Substance Eupdate (Updated)

After a month spent reeling from DSK whiplash, Eupdate finds the European landscape little-changed, much noise notwithstanding. Summarizing: Greece has gone through profound political upheaval to enact austerity measures boosting the nominal

Joint Bank Accounts in Bankruptcy

In a world where a person’s credit score is one of the most important numbers in her life, it’s no wonder that some parents are eager to help children by naming them joint bank account holders. This used to be common practice with credit cards

Welcome Guest Blogger and Insurance Guru Daniel Schwarcz

This week we are a happy to welcome guest blogger Professor Daniel Schwarcz from the University of Minnesota School of Law. Daniel has done some great research in the area of property and casualty insurance and consumer protection. He is also very

Bankruptcy Attorney in Aurora Now Helps Past Clients Rebuild Credit

Link One of the most common concerns of those seeking bankruptcy advice is the dilemma regarding future credit. Before the person is even out of debt, he or she is trying to find a way to secure future credit. The importance of credit in today’s

Aurora Bankruptcy Attorney on Farnsworth Avenue

Link There are probably over one hundred attorneys throughout Kane County, Illinois who can handle a simple bankruptcy case. On the other hand, there is only a handful that can really handle the most complex consumer bankruptcy cases. There is no