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

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Madoff Trustee vs. the Wilpons - Meet the Mess

Fred Wilpon, the owner of the New York Mets, was a close friend of Bernie Madoff, and it has been generally believed since the outset of the scandal that Wilpon, his family and affiliated enterprises lost hundreds of millions in the great Ponzi

Bankruptcy Court Clarifies Scope of Exemptions for Life Insurance Policies

In re Zerbi, Bankr. W.D. Mich., Jan. 6, 2011 (Case No. 09-14649, Hon. Scott W. Dales) A recent decision from the Bankruptcy Court for the Western District of Michigan provides some practical guidance for debtors and their attorneys about exempting

Application of the Common Interest Doctrine in Bankruptcy Proceedings

The U.S. Bankruptcy Court for the District of Delaware recently extended the common-interest doctrine to pre-petition communications between the debtor and an informal committee of claimants in In re Leslie Controls Inc. Gerald Gline and David Kohane

Application of the Common Interest Doctrine in Bankruptcy Proceedings

The U.S. Bankruptcy Court for the District of Delaware recently extended the common-interest doctrine to pre-petition communications between the debtor and an informal committee of claimants in In re Leslie Controls Inc. Gerald Gline and David Kohane

Application of the Common Interest Doctrine in Bankruptcy Proceedings

The U.S. Bankruptcy Court for the District of Delaware recently extended the common-interest doctrine to pre-petition communications between the debtor and an informal committee of claimants in In re Leslie Controls Inc. Gerald Gline and David Kohane

Application of the Common Interest Doctrine in Bankruptcy Proceedings

The U.S. Bankruptcy Court for the District of Delaware recently extended the common-interest doctrine to pre-petition communications between the debtor and an informal committee of claimants in In re Leslie Controls Inc. Gerald Gline and David Kohane

Fifth Circuit Doesn't Save the Save Our Springs Alliance But Time May

Another chapter in the Austin development wars has played out as the Fifth Circuit affirmed the Bankruptcy Court ruling denying confirmation of the plan of reorganization proposed by the Save Our Springs (SOS) Alliance, Inc. Matter of Save Our

When the Exclusive Remedy for Disallowance is a Rebate

The disallowance provision is probably the most distinguishing feature 1 of the typical bankruptcy claim 2 assignment. This provision obligates the seller of the claim to rebate buyer’s purchase price to the extent the enforceability of the claim has

Antone's Records: A Tragedy in Three Acts and 46 Pages

Austin prides itself on being the Live Music Capital of the World. While many musicians travel to Austin with stars in their eyes, the reality is that it is difficult to earn a living in the music business, either as an artist or an independent

Saving money is the best solution for your financial problems

The following is an excellent guest post by Grace Ruskin. Thank you, Grace! Saving money is the best solution for solving your financial problems. In order to save money, you will spend less and so it is quite obvious that you will incur fewer debts