ABI Blog Exchange

Women in Credit: Full Length Roundtable

Rachel Albanese: I am here with this amazing line up of women in the credit space. Lawyers, advisors and investment professionals, all-stars in the field. Oksana Lashko and Rachel Strickland are lawyers at DLA Piper and Willkie Farr, respectively. On

WE HELP INDIVIDUALS & BUSINESSES WITH TOO MUCH DEBT! PLEASE CLICK THE LINK BELOW TO SCHEDULE A TELEPHONE CALL WITH JIM SHENWICK, ESQ.

https://calendly.com/james-shenwick/15min

Bankruptcy Court Dismisses Cannabis Company Employee’s Chapter 13 Case

Last month, the United States Bankruptcy Court for the District of Massachusetts denied confirmation of a cannabis company employee’s Chapter 13 plan and dismissed his bankruptcy case. The employee, Scott H. Blumsack (the “Debtor”), is a general

Job Opportunity -- Executive Director of National Consumer Bankruptcy Rights Center

With Tara Twomey's selection as the new head of the Executive Office of U.S. Trustee, the National Consumer Bankruptcy Rights Center (NCBRC) is seeking a new director. The NCBRC helps shape consumer bankruptcy law, as it did for many years...

FTX Bankruptcy Court Hearing Audio, February 15, 2023 - bankruptcy court declines to appoint an independent examiner in the FTX chapter 11 bankruptcy proceedings, In re FTX Trading Ltd. et al., Case No. 22-11068

Here is a link to a recording of the bankruptcy court hearing, playable on YouTube: Hearing Audio

Restructuring Plans: A Final Lifeline for the UK Care Sector?

The challenges facing the care sector are not news to anyone. However, as we enter 2023, a sector which has historically operated on thin margins may be about to hit breaking point, with the number of insolvencies involving residential care

Bankruptcy Cases = 75% Of All Federal Court Filings? (A Study)

By: Donald L Swanson “ Consistently, the highest percentage of filings in the federal docket is bankruptcy cases, which can be up to 75% of filings.” That’s a conclusion by the authors of a 2014 study.[Fn. 1] Bankruptcy-Specific Here are bankruptcy

Arizona Bankruptcy Or Offer In Compromise?

Arizona Bankruptcy Or Offer In Compromise? Debt can creep on anyone, no matter the source. But the source of the debt can impact the debtor’s best plan of action in dealing with it. Most people have heard of bankruptcy, and even if they don’t know

Topic: Judge Jones

Must read: Reorg on Judge Jones Delaware beats out SDNY and SDTX in 2022 yeah no sh*t!@ Next shoe to drop? Quote of the Week Judge David Jones (SDTX) Looking out for the little guy Judge-Shopping Musical Chairs **Breaking News** (or worst kept secret

Bankruptcy & Taxes

  Filing for bankruptcy can be a daunting and overwhelming process, especially when it comes to dealing with taxes. If you are considering filing for bankruptcy or are already in the process, it is important to understand how bankruptcy can impact

How Do Preference Payments Work in Bankruptcy?

When you file for bankruptcy relief, you hear many terms that might not be familiar, or the terms might have meanings you did not expect. One of those terms is “preference payments.” What Are Preference Payments? A preference or preferential payment

Another Post-Siegel Ruling: Bankruptcy Court for the Eastern District of Virginia Joins Second and Tenth Circuits in Ordering Refunds for Overpayment of U.S. Trustee Fees

Another Post-Siegel Ruling: Bankruptcy Court for the Eastern District of Virginia Joins Second and Tenth Circuits in Ordering Refunds for Overpayment of U.S. Trustee Fees

Crypto In Bankruptcy: Tax Apocalypse For Celsius Customers?

Garrett L. Brodeur at Kostelanetz has published a very informative article on crypto and related tax and bankruptcy issues. The article can be found at https://kflaw.com/crypto-in-bankruptcy-tax-apocalypse-for-celsius-custo… The article touches

Court expected to rule from the bench tomorrow on whether to appoint an FTX examiner, at a hearing in Delaware bankruptcy court.

This is according to the amended agenda filed in the bankruptcy cases today. The cases are pending before the U.S. Bankruptcy Court for the District of Delaware as In re FTX Trading Ltd et al. Here is a link to the court's live stream for hearings

Waiver Of Tribal Sovereign Immunity In Bankruptcy? (At U.S. Supreme Court: Lac du Flambeau Band)

By: Donald L Swanson On January 13, 2023, the U.S. Supreme Court grants the Petition for a writ of certiorari in Lac du Flambeau Band of Lake Superior Chippewa Indians v. Coughlin, Supreme Court Case No. 22-227, and on January 31, 2023, the Supreme

Do’s & Don’ts in Finding the Best Bankruptcy Lawyer for You

Have you found yourself drowning in debt and ready to file a NJ bankruptcy in order to get a fresh start? Deciding which NJ bankruptcy attorney to work with is the next important decision you’ll have to make. It is critical to choose a bankruptcy

Interrogatories: Make Them Answer Questions

You were sued on a collection lawsuit and managed to file a written response with the Clerk of the Court within 30 days. Congratulations, you have stopped the entry of a default judgement. But now what? What is your plan of action after filing a

How Will The German Supply Chain Act Affect German Companies?

Businesses around the globe, including those situated in Germany, continue to face difficulties because of disruptions in their supply chain created, in particular, by COVID-19 and the war in Ukraine. To add to that, the new German Supply Act on

Hiding Cash During Chapter 7 Bankruptcy: 9 Things To Know

One of the biggest concerns people have when filing bankruptcy is keeping their assets. They fear losing everything when they file for Chapter 7 relief. Unfortunately, this misconception often results in hiding cash during Chapter 7. Sadly, hiding