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

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Senate Hearing on "Problems in Mortgage Servicing - Part II"

The Senate Committee on Banking, Housing, and Urban Affairs will be holding a hearing on "Problems in Mortgage Servicing from Modification to Foreclosure, Part II" today.The witnesses include representatives from US Treasury FDIC Federal Reserve

What Do Circuit Judges Do? Not Much of it is Bankruptcy

A new report from the Fifth Circuit offers some interesting statistics on the work of the court of appeals. You can find the report here. During Fiscal Year 2010, the Court received 7,337 new appeals, just 1.1% of which were bankruptcy appeals


How Much Does A Chapter 11 Bankruptcy Cost? Why Is It So Expensive?

Lawyers who handle Chapter 11 Bankruptcy cases for small to medium size businesses usually address these questions in the initial conversation with potential clients. "How much is a Chapter 11 case?" "Why is it so expensive?" "I just want to stop the

Attorney Pays Steep Price for Unauthorized Filing

When dealing with the Soviet Union, Ronald Reagan famously quoted the Russian proverb "trust but verify." An experienced bankruptcy lawyer from Las Vegas would have avoided a lot of trouble if he had heeded this advice. In re Blue Pine Group, Inc

Delaware Supreme Court Invalidates Airgas Bylaw Amendment

The Delaware Supreme Court today struck down the bylaw amendment that would have accelerated the expiration of one of Airgas’ class of directors. The Court ultimately cited “practice and understanding” to conclude that directors of staggered boards

Delaware Supreme Court Invalidates Airgas Bylaw Amendment

The Delaware Supreme Court today struck down the bylaw amendment that would have accelerated the expiration of one of Airgas’ class of directors. The Court ultimately cited “practice and understanding” to conclude that directors of staggered boards

Morris James LLP is Named a "Go-To Law Firm" for the Nation's Fortune 500 Companies

Recognizing the firm's strength in intellectual property litigation, Corporate Counsel magazine has named Morris James a “Go-To Law Firm for the Top 500 Companies.” Go-To Law Firms are chosen from an American Lawyer Media national survey of general

Delaware Supreme Court Invalidates Airgas Bylaw Amendment

The Delaware Supreme Court today struck down the bylaw amendment that would have accelerated the expiration of one of Airgas’ class of directors. The Court ultimately cited “practice and understanding” to conclude that directors of staggered boards

Roundup of Recent Bankruptcy Scholarship

"Divided Loyalties: The Attorney’s Role in Bankruptcy Reaffirmations" - Gregory M. Duhl, William Mitchell College of Law, American Bankruptcy Law Journal, Vol. 84, No. 4. "The Rise in Elder Bankruptcy Filings and Failure of U.S. Bankruptcy Law" -

House Committee on Financial Services Hearing

The House of Representative's Committee on Financial Services held a hearing today on "Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing." Among the witnesses were: Mr. Adam Levitin, Associate Professor of Law