ABI Blog Exchange

Time Matters: Maximizing Recoveries in Wind-Downs

by Charles Goodrich Time is money,” Benjamin Franklin once famously said, creating one of the most enduring adages in the American business world. The cliché, of course, refers to the opportunity cost of lost time and to the ideas that costs are

Americans are Really Bad with Money

As Americans, we are taught how to read, write, and do arithmetic in school. But never learn how to handle money. We come out of college or high school and start receiving a paycheck. What do we do? We spend. After all, every commercial on t.v. is

Creditors Cannot Benefit from Trustee and Debtor's Stipulation to Extend Deadline for Filing a Nondischargeability Complaint

Creditors who wish to object to the dischargeability of a debt must follow strict deadlines - and as one recent case illustrates, creditors cannot rely on an extension of those deadlines that is agreed upon by the debtor and the trustee. In Five Star

Sbarro Reports $6.3 Million Net Loss for May

Supreme Court of Canada Upholds Secured Lender’s Claim to Collateral Secured by Fraud

NORTH OF THE BORDER UPDATE This article has been contributed to the blog by Andrea Lockhart, Steven Golick and Benjamin Leith. Steven Golick is a partner in the insolvency and restructuring group of Osler, Hoskin & Harcourt, LLP, and Andrea Lockhart

Thoughts About the Impact of Stern v. Marshall

Since the Supreme Court dropped its constitutional bombshell on the bankruptcy system last week in Stern v. Marshall, 2011 U.S. LEXIS 4791 (2011) (aka Anna Nicole Smith II), lots of people are scratching their heads and wondering what this all means

Fox Business Predictions: Ten Brands That Will Disappear in 2012

Fraud in Commercial Real Estate: Tips & Red Flags on Money Laundering & Terrorist Financings

My posting last week on "high level" tips on commercial real estate fraud (relaying information from Mike O'Neal) was one of the most highly read topics in the last month. So, with that your interest giving me important guidance, below is a follow up

Signature Styles (Spiegel, Newport News & Shape Fx Brands) Creditors' Committee Challenges Company's Decision Not to Honor Gift Cards & Merchandise Credits Owing to Customers, Asks Court to Allow Committee to Assume Active Role in Sale Process

Read the Affidavit in Support of Debtors' Chapter 11 Petitions and First Day Motions Filed By Los Angeles Dodgers LLC