Jones Day, New
York and Cleveland
distressed corporations file for bankruptcy, they are almost always losing money.
And yet tax considerations play a surprisingly important role in the entire
bankruptcy process, from the...
City, New York
as both bankruptcy and intellectual property are highly specialized areas of
law, it is not surprising that matters where both come into play give rise to
some challenging questions. For instance...
Ronald J. Silverman
Bingham McCutchen LLP, New York
This chapter is intended as a reference source for
those contemplating chapter 15 proceedings. The chapter seeks to provide
guidance helpful to planning, filing, conducting, and obtaining court...
Neil E. Herman
Morgan, Lewis &
Bockius LLP, New York
Chapter 20 comprises a detailed survey of the
provisions of the Bankruptcy Code that are of significant importance in retail
bankruptcy cases or are "retail specific." The discussion...
Adam C. Rogoff
Kramer Levin Naftalis & Frankel, New York
22 provides an overview of issues that arise in hospital and other health care
bankruptcies. Many of these topics are also applicable to not-for-profit
E. Mears & John T. Gregg
Barnes & Thornburg LLP, Grand Rapids, Michigan
23 addresses legal issues that have come to the forefront in the context of the
large number of recent chapter 11 cases involving Tier I and Tier...
J. Edelman & Douglas J. Lipke
Vedder Price P.C., Chicago and New York
airlines in the United States utilize the bankruptcy laws to address numerous
economic issues affecting their businesses, including the following...
W. Stocker II & Peter J. Kulick
Dickinson Wright PLLC, Lansing, Michigan
intersection of bankruptcy law and the gaming industry produces a crossroad of
federal law and the regulation of an industry by states pursuant to the states'...
Andrews Kurth LLP, Houston
bank is in financial distress, government regulators often encourage the bank's
holding company to act as a source of strength by making loans, equity
infusions, and other asset transfers...
Frequently it makes sense for only one spouse to file bankruptcy. Where the husband has wracked up large business debts in his name only and the wife has significant separate property or sole management property, the husband can file bankruptcy without...
by David R. Kuney & Jeffrey E. Bjork
Sidley Austin LLP, Washington,
D.C., and Los Angeles
The notion that
commercial real estate projects are entitled to, or suitable for,
reorganization under chapter 11 of the Bankruptcy Code has encountered...
Many of us with kids of a certain age know the
Friday night ritual: take the kids to Blockbuster to rent a movie.
That era may be going away as companies find that they no longer need expensive
bricks and mortar stores to rent movies. Next up for...
LexisNexis is presenting a free webinar "Chapter 11 Reorganization: Hot Topics and Industry Perspectives," on Tuesday, October 19 , beginning at 2 pm ET. CLE credit is available where LexisNexis is approved for webinar training CLE.
On this edition, Irwin A. Kishner and Paul A. Rubin of Herrick, Feinstein LLP discuss recent chapter 11 bankruptcy cases involving professional sports franchises and the unique issues that arise in such filings. They talk about the recent Texas Rangers...
The Moss Adams accounting firm was sanctioned for not
complying with a bankruptcy trustee's subpoena for documents related to Frederick Darren Berg's Meridian Mortgage
$100 million real estate investment Ponzi scheme. The court ruled that Moss...
The year ended with lots of news in Ponzi scheme cases. Below is a summary of the activity reported for December 2013. Please feel free to post comments about these or other Ponzi schemes that I may have missed. And please remember that I am just relaying...
DETROIT — (Mealey’s) The federal bankruptcy judge presiding over the Chapter 9 case filed by the City of Detroit issued a verbal ruling today from the bench stating that the city is eligible to file for bankruptcy, a source said. The unions...
The ABI Commission studying reform of Chapter 11 met for its seventeenth and final time at the UT Bankruptcy Conference in Austin, Texas on Friday November 22, 2013. The Commission heard from a total of eight witnesses on a variety of topics. Seven of...
A 7 th Circuit opinion authored by Chief Judge
Easterbrook last week had me again looking across the street at 203 North
LaSalle and wondering whether the US Supreme Court will ever finally decide
whether there is a "new value" exception...
YORK - (Mealey's) Twinkie maker Hostess
Brands Inc., which had been proceeding with a bankruptcy reorganization plan, moved
in the U.S. Bankruptcy Court for the Southern District of New York on Nov. 16
for authorization to convert its proceeding...
Two recent criminal trials highlight the risks in working
for what turns out to be a Ponzi scheme perpetrator. Not only might you lose
money, or be hit with a large civil judgment, but landing in prison is becoming
a reality for some as well.
Chicago - The Commercial Law League of America is
pleased to announce that former Chicago Mayor Richard M. Daley will present the
2013 CLLA Chicago/Spring Convention keynote presentation.
A former Cook County state's attorney and state senator...
Understandably, defrauded victims of Ponzi schemes are
angry - angry at the perpetrators, angry at everyone associated which the
scheme, and angry at the government for failing to stop the scheme before they
were victimized and lost their life savings...
The phrase "bad boys" is one that conjures up a multitude
of contradictory connotations. In sports, the Detroit
Pistons wore the moniker proudly as they pummeled their way to consecutive
NBA championships. Those bad boys, however, are long...
WASHINGTON, D.C. - (Mealey's) Section 1692k(a)(3) of the
Fair Debt Collection Practices Act (FDCPA) "is not contrary to, and, thus, does
not displace a district court's discretion to award costs under" Federal Rule
of Civil Procedure...