New Chapter 11 Filing – First Guarantee Mortgage Corporation

On June 30, 2022, Plano, Texas-based mortgage lender First Guaranty Mortgage Corp. (“FGMC”), filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 22-10584). FGMC reports

New Chapter 11 Filing – Madison Square Boys & Girls Club, Inc.

On June 29, 2022, New York City-based Madison Square Boys & Girls Club, Inc. (the “Club”), a non-profit aimed to save and enhance the lives of underserved boys and girls through after school programming and youth development services, filed a

New Chapter 11 Filing – Madison Square Boys & Girls Club, Inc.

On June 29, 2022, New York City-based Madison Square Boys & Girls Club, Inc. (the “Club”), a non-profit aimed to save and enhance the lives of underserved boys and girls through after school programming and youth development services, filed a

Why Johnson & Johnson’s Bankruptcy Is Still Alive . . . And InfoWars’ Isn’t

By: Donald L Swanson Both the Johnson & Johnson and InfoWars bankruptcies are filed to address tort lawsuits. Johnson & Johnson’s bankruptcy survives a motions to dismiss.[Fn. 1] InfoWars’ bankruptcy doesn’t.[Fn. 2] What follows is an effort to

Student Loans: Defense To Repayment Forgiveness

A deep dive into the recent class action settlement D-fence to Student Loan Repayment against the Department of Education of 6 billion dollars of student loan debt. Government bureaucracies are notoriously slow in doing, well, anything. The

How the SEC threw a wrench in bank regulators’ crypto custody efforts