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Rapper DMX Files for Bankruptcy

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The rapper DMX filed for chapter 11 protection, court records show, days after his arrest on suspicion of driving under the influence, the Wall Street Journal reported today. The chapter 11 petition of Earl Simmons, a.k.a. DMX, lists less than $50,000 in assets and $1 million to $10 million in debt. The New York native and current South Carolina resident owes $1.24 million in child support and more than $21,000 on an auto lease, among other obligations. His principal asset is a 50 percent stake in property in Mount Kisco, N.Y.

Want to Catch a Few Session Recaps from ASM Head to ABIs Newsroom

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A few select speakers from ABI’s Annual Spring Meeting provide their perspectives of their sessions in videos posted to the ABI Newsroom. Speakers include:

Andrew W. Caine of Pachulski Stang Ziehl & Jones LLP (Los Angeles) recaps his debate at ABI's 17th Annual Great Debates.

– Judge Elizabeth S. Stong (E.D.N.Y.) discusses her session focused on mediation.

Thomas J. Salerno of Squire Sanders (Phoenix) discusses the differences between sports bankruptcies and a standard business bankruptcy.

Christian Carl Onsager of Onsager, Staelin & Guyerson, LLC (Denver) provides a few tips on expert witness testimony.

Allan B. Diamond of Diamond McCarthy LLP (Houston) talks about key issues involved in law firm bankruptcies.

– Bankruptcy Judge Margaret Dee McGarity (E.D. Wis.) discusses the intersection of bankruptcy and divorce.

To watch the videos, please click the link below.