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

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What Do You Do with a Completed Bankruptcy Examiner’s Report?

After the bankruptcy examiner’s investigation and report have been completed (and paid for), the question arises: Now what? Frequently, parties in litigation seek to admit all or part of the report, which represents the analysis and views of the

WSJ digits: Venture Bets on Online Gambling's Future

Fraud in Commercial Real Estate is a Tough Topic: Some High Level Guidance

Fraud is a topic that takes a tough defaulted commercial real estate loan to new pain thresholds. And it is amazing that it is not discussed. But then, who wants to admit that this has infected a portfolio? However, this is a venue where you can at

Beware of Credit Offers Targeting Recent Bankruptcy Filers in Colorado!

Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay a portion of them under the protection of the U.S. Bankruptcy Court. Each year, thousands of Coloradans use the powerful tools of

Need To File Bankruptcy

Link How do you know when it’s best to file for bankruptcy? What I usually suggest is that if a person can bail himself out of debt within six months, then I would not recommend a bankruptcy filing. However, if at the end of the six month period the

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

Toby Maguire and others sued over poker winnings

" 'Spider-Man' star Tobey Maguire and other celebrities have been caught in a web of lawsuits seeking to reclaim more than $4 million won during unlicensed poker matches at upscale Beverly Hills hotels. The lawsuits were filed in March by...

Philadelphia Orchestra announces millions in gifts

"The Philadelphia Orchestra Association has announced an aid package worth a potential $45 million - a substantial start to its $160 million drive to help the orchestra emerge from bankruptcy and become stable. The funding, announced Wednesday

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted