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ABI Blog Exchange

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

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Understanding The Reason For The New York Foreclosure Problem

Check Out These Related Posts: The Bankruptcy Solution to the Second Mortgage Problem News Articles About Foreclosure Fraud And Robo-Signers

Holley Performance Products Gets the Green Light to Exit Bankruptcy

Holley Performance Products, an auto parts maker based in Bowling Green, Kentucky, is scheduled to emerge from its Chapter 11 bankruptcy proceeding. Holley's Plan of Reorganization was approved by an Order of Confirmation entered by the Bankruptcy

Quoted In The New York Times: Student Loans And Bankruptcy

New York Times columnist Ron Lieber writes about student loans and bankruptcy in his Your Money column this week. Ron spotted this post from A Clean Slate about how student loans are like a tattoo and called me to chat about it. Ron happens to know

May 2010 Western Dist. of KY Bankruptcy Court Memorandum-Opinion Summaries

Akers v. CitiMortgage, Inc. (Judge Lloyd) Debtors took a loan to purchase a manufactured home and granted Lender a mortgage on the associated real estate. The closing documents demonstrated that Debtors agreed to follow the procedure to have the

How The New York Times Sold Homeowners Down The River

This past weekend the New York Times did a story titled Owners Stop Paying Mortgages, And Stop Fretting. As a bankruptcy lawyer heavily involved in the world of consumer debt and foreclosure issues, I was stunned and disgusted by the entire piece

Former Kentucky Basketball Star Files Bankruptcy

Crain's Chicago Business reports that Antoine Walker has filed a Voluntary Petition seeking relief under Chapter 7. Walker was a star basketball player at the University of Kentucky and a big contributor for the team that won the 1996 National

Delaware Court Adopts Unified Standard for Controlling Stockholder Going Private Transactions

Delaware’s Vice Chancellor Laster recently issued a decision in which he proposed that a board should get “business judgment review” of a going private transaction involving a controlling stockholder when the transaction is subject to BOTH a

Delaware Court Adopts Unified Standard for Controlling Stockholder Going Private Transactions

Delaware’s Vice Chancellor Laster recently issued a decision in which he proposed that a board should get “business judgment review” of a going private transaction involving a controlling stockholder when the transaction is subject to BOTH a

Delaware Court Adopts Unified Standard for Controlling Stockholder Going Private Transactions

Delaware’s Vice Chancellor Laster recently issued a decision in which he proposed that a board should get “business judgment review” of a going private transaction involving a controlling stockholder when the transaction is subject to BOTH a

Receiver Appointed for Prominent Thoroughbred Owner Stonewall Stallions

As recently Reported by The New York Times, the horse industry in Kentucky continues to feel pressure from the downturn in the economic climate. An Article from BloodHorse.com describes the troubles of another large horse operation, Stonewall Farms