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

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Bankruptcy Tweets for May 2011 - Part II

Below are my twitter posts since my since my last post of May 8 of recent cases. Several cases were relevant to matters I'm presently working on, so I'm sure many of you will similarly find a number of these cases of interest. RSS Feeds are also

Personal Bankruptcy Higher in Some Black Communities

Black communities in Cook County, Chicago, have a higher personal bankruptcy filing rate than white communities. It's even worse for women. A fascinating and extensive report published this month by the Woodstock Institute finds that in the period

Before bankruptcy: Do debt collectors tell the truth?

Before I became a bankruptcy lawyer, I thought that successful companies were generally pretty honest. I would have guessed they were more honest than most people–otherwise why were they so successful. Or at least, they’d be honest because they had

Whistleblower Debate Grinds Slowly

The debate on the Dodd-Frank whistleblower provisions is continuing on several fronts, with the SEC rumored to be close to finalizing its rule proposals and Congress considering proposals to address some of the (perhaps) unintended consequences of

Whistleblower Debate Grinds Slowly

The debate on the Dodd-Frank whistleblower provisions is continuing on several fronts, with the SEC rumored to be close to finalizing its rule proposals and Congress considering proposals to address some of the (perhaps) unintended consequences of

After bankruptcy. Help! They’re suing my LLC!

Many people who file bankruptcy are small business owners. Especially owners of one-person small businesses. People like the freedom of being their own boss, but it can be a tough way to make a living. Operating a small business can be a tough way to

Whistleblower Debate Grinds Slowly

The debate on the Dodd-Frank whistleblower provisions is continuing on several fronts, with the SEC rumored to be close to finalizing its rule proposals and Congress considering proposals to address some of the (perhaps) unintended consequences of

Whistleblower Debate Grinds Slowly

The debate on the Dodd-Frank whistleblower provisions is continuing on several fronts, with the SEC rumored to be close to finalizing its rule proposals and Congress considering proposals to address some of the (perhaps) unintended consequences of

Boston Bankruptcy Lawyer Visits Northern Ireland

In the context of our international personal bankruptcy tour, the Boston Bankruptcy Lawyer blog reports on news from Ireland. Apparently in Northern Ireland, there are record personal bankruptcies; the numbers was up 19% in 2010, from the prior year


Reinstatement of Debt: A Bankruptcy Court's Strict Interpretation and Application of Change-in-Control Provisions to Protect Senior Secured Lenders

In In re Young Broadcasting, Inc., et al., 430 B.R. 99 (Bankr. S.D.N.Y. 2010), a bankruptcy court strictly construed the change-in-control provisions of a pre-petition credit agreement and refused to confirm an unsecured creditors' committee's plan