Skip to main content
Help Center

July 7 - Members and Subscribers - Welcome to the new and improved abi.org! - If you have not already done so, please reset your ABI password to access the site. Click "Login" and then "Forgot Password"

banner

ABI Blog Exchange

article-exchange

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

Read Article

Visteon Corporation Files Preference Actions Against Creditors

Introduction Last week, Visteon Corporation began filing preference complaints against hundreds of current and former creditors of the company. This post will look briefly at the nature of Visteon’s business, why the company filed for bankruptcy, as

Bankruptcy Tweets for May 2011 - Part III

Below are my twitter posts since my last post of May 15 of recent cases that are sure to be of interest to the bankruptcy practitioner and judge. RSS Feeds are also available. In these and future Twitter postings, I'll try and include some

Turning Losses Into Gains: Bankruptcy Battles Over Tax Refunds

By: Michael D. DeBaecke and Victoria A. Guilfoyle The severe economic turmoil of recent years has resulted in a significant increase in both the number of domestic banks seized by the Office of Thrift Supervision (OTS) and the number of parent bank

Looks Like Fred Wilpon Picked the Wrong Week to Quit Drinking

The well known travails of Fred Wilpon, the principal owner of the New York Mets, have all converged this past week. He, his partner Saul Katz and their families and affiliated enterprises (the “Wilpon/Katz Group”) lost several hundred million

10 Things to Think About When Using Your Credit Cards

Here are ten things Coloradans should think about when using credit cards – 1. Establish a Realistic Budget. Before using your credit cards after bankruptcy, try paying cash for awhile. This will help you learn how much money you need each month to

Delaware Chancery Court evaluates 50/50 stock and cash deal under Revlon

In an important development defining when Revlon duties apply to a mixed cash and stock deal, the Court of Chancery last week applied Revlon to a deal where target shareholders would receive roughly 50% in cash and 50% in stock, with target

Delaware Chancery Court evaluates 50/50 stock and cash deal under Revlon

In an important development defining when Revlon duties apply to a mixed cash and stock deal, the Court of Chancery last week applied Revlon to a deal where target shareholders would receive roughly 50% in cash and 50% in stock, with target

Justice for Soldiers who Lost Their Homes but Changes to Legal System Needed

A bank’s foreclosure on U.S. Army Sgt. James Hurley’s house presents another reason- in a long line of reasons- that the American legal system must be revamped. Maybe, our legal system should be more like the British system where the loser has to pay


Supreme Court of Georgia Rules On Mortgage Attestation Question

In this prior post, I discussed a ruling by Judge Massey, wherein he ruled in favor of a Chapter 7 Trustee who sought to set aside a security deed that did not contain the appropriate signature of an unofficial witness. Gordon v. Wells Fargo, Adv. No

Delaware Chancery Court evaluates 50/50 stock and cash deal under Revlon

In an important development defining when Revlon duties apply to a mixed cash and stock deal, the Court of Chancery last week applied Revlon to a deal where target shareholders would receive roughly 50% in cash and 50% in stock, with target