ABI Blog Exchange

Large Accelerated Filer Announces Triennial Frequency in Face of Majority Support for Annual

The Dodd-Frank frequency vote is of course "nonbinding", but companies that have "lost" the vote for triennial frequency have almost without exception decided that the better part of valor is to follow the shareholders' expressed will for an annual

Large Accelerated Filer Announces Triennial Frequency in Face of Majority Support for Annual

The Dodd-Frank frequency vote is of course "nonbinding", but companies that have "lost" the vote for triennial frequency have almost without exception decided that the better part of valor is to follow the shareholders' expressed will for an annual

Former Wilkes Bashford Company Asks Court to Convert Bankruptcy to Chapter 7, Remaining Unsecured Creditors Likely to Receive Less than 1% Recovery

Signature Styles (Spiegel, Newport News & Shape Fx Brands) Creditors' Committee Appointed, Selects Proposed Counsel

U.S. High Court Seeks Solicitor General's Comments on Bankruptcy Conflict

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on June 20 asked the U.S. solicitor general for comment on a bankruptcy case in which the Bankruptcy Code and the Real Estate Settlement Procedures Act (RESPA) are in conflict as it relates to a

Bankruptcy Court Questions Naiveté of Debtor – When the Debtor’s Spouse is a Paralegal

Allegations in credit card company’s complaint, that Chapter 7 debtor ran up more than $3,700 in charges against her account in space of roughly one month, at time when debtor’s total unsecured credit card debt of more than $88,000 was...

Tuscaloosa Bankruptcy Attorney Charged with Bankruptcy Fraud

"Federal prosecutors today charged a Tuscaloosa attorney with bankruptcy fraud, announced U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick Maley. The one-count information filed in U.S. District Court charges DONALD DIONNE, 60

Trustee searching for felon's missing artwork

"A bankruptcy trustee is searching for 80 pieces of artwork once owned by a Dickson retirement plan manager who was sent to jail for embezzlement in the hopes of recovering money for his creditors. Former 1Point Solutions CEO Barry Stokes...

Sympathy for Debt Collectors?

Anyone who’s been harassed by debt collectors during tough financial times may have a hard time swallowing the latest request from the debt collection industry: give them a break. But the collection industry’s trade association has a fair point to

Social Media Poses Trap For Bankruptcy Debtors

I really liked this post on Georgia attorney Jonathan Ginsburg’s bankruptcy blog about how debtor’s Facebook posts could jeopardize their bankruptcy case. If you are part of the “social media generation” and are considering bankruptcy you should read