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

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Consequences of Not Filing Bankruptcy

Some people are so worried about all the consequences of filing for bankruptcy that they forget to look at the consequences of NOT filing bankruptcy. Obviously, every individual situation is unique and should be discussed in frank detail with one of

6 min read

You Can’t, But We Can: DB Capital Follow-Up

In our previous article, Chapter 11? No Thank You! Courts Find Restrictions on Bankruptcy Filings in LLC Agreements Enforceable we commented on the decision of the United States Bankruptcy Appellate Panel for the Tenth Circuit, holding that an LLC’s

6 min read

May a Bankruptcy Trustee Directly Contact a Debtor Represented by Counsel?

One reason that people considering bankruptcy hire lawyers is to prevent other lawyers involved in the matter from communicating directly with them, to avoid being taken advantage of. The rules of legal ethics or professional responsibility governing

6 min read

The Daily Docket: Dodgers Seek MLB Probe

The Los Angeles Dodgers on Monday said the ballclub needs to probe Major League Baseball’s dealings with other MLB members as it prepares for a four-day trial that will determine its future. Read the Daily Bankruptcy Review article here. Casual

6 min read

Prospect Heights Bankruptcy Attorney On What To Bring To The First Meeting

Link You technically don’t need to bring anything but yourself to the meeting. The meeting is much like an interview, where I as your attorney will ask you a series of questions. We will go through your income. We will go through your expenses. We

6 min read

A Win, of Sorts, for Goldman – What is Next?

As revealed in court documents filed last week, a series of lawsuits filed in New York by shareholders who claimed that bonuses paid to Goldman Sachs employees resulted in corporate waste were dismissed on September 21, 2011. Security Police & Fire

6 min read