Article Exchange

Third Circuit Holds a Plan Administrator in Debtor’s Second Bankruptcy was Not in Privy of Debtor in the First Bankruptcy for Res Judicata Purposes and 11 U.S.C. § 1111(b) Permits Non-Recourse Claims to Become Recourse for Distribution Purposes Only

In In re Montgomery Ward, LLC, 634 F.3d 732 (3d. Cir. 2011), the Court of Appeals for the Third Circuit clarified the principles of res judicata in the context of a bankruptcy proceeding and further defined the scope of 11 U.S.C.

Orange County Bankruptcies Highest in 65 Months

While many regional statistics have recorded decreases in 2011, in March, 1,881 bankruptcies were filed in Orange County, California, thus reaching its highest total since the federal bankruptcy law changed in October 2005, reports the Orange Coun

Student Loans and Massachusetts Bankruptcy

Bottom line: it is very hard to discharge student loans in Massachusetts bankruptcy.

Take Me to the River (Road): The Seventh Circuit Prepares to Weigh In On Credit Bidding

Lessons Learned: Foreclosure Process Now Includes Carefully Crafted Affidavits

Recently I commented that "lender liability" in the current down turn really is al

Bankruptcy Tweets for April 2011 - Part III

Below are my twitter posts since my