Earlier this year the ABA ESI in Bankruptcy Working Group issued interim guidelines on the "scope and timing" of a party's obligation to preserve ESI in bankruptcy cases. The group comprises both sitting and former judges, bankruptcy and... Read More
CORAL GABLES, Fla. - Bankruptcy and creditors rights attorney John D. Eaton has joined Rasco Klock Reininger Perez Esquenazi Vigil and Nieto's Bankruptcy Team. Eaton's practice is focused on matters regarding creditors rights, and specifically... Read More
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Dec. 3 asked the U.S. solicitor general to provide perspective on whether a bankruptcy court has the power to levy a financial charge against a Chapter 7 debtor's residential property, which... Read More
PHILADELPHIA - (Mealey's) A bankruptcy court has the authority to determine at the disclosure statement stage that a Chapter 11 reorganization plan is unconfirmable without first holding a confirmation hearing if it is obvious that the plan is patently... Read More
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Oct. 29 agreed to hear a case to determine whether a defalcation was committed by a debtor who, prior to filing for bankruptcy, had been appointed the trustee of his father's life insurance... Read More
WASHINGTON, D.C. — (Mealey’s) The U.S. Supreme Court on Nov. 3 denied certiorari in a personal injury case for what is called “popcorn lung” brought against the makers of artificial butter flavoring used in microwave popcorn (... Read More
FORT LAUDERDALE, Fla. - (Mealey's) The trustee for a bankrupt feeder fund and the trustee of convicted Ponzi schemer Scott W. Rothstein's law firm have agreed to an amended $65 million settlement with Gibraltar Private Bank and Trust Co., a bank... Read More
In this Emerging Issues Analysis, James M. Lawniczak looks at a decision of first impression from the Sixth Circuit U.S. Court of Appeals, Carroll v. Sanders (In re Sanders), 551 F.3d 397 (2008), interpreting Bankruptcy Code Section 1328(f)(1), added... Read More
RICHMOND, Va. - (AP) A federal judge is recommending approval of a $12 million settlement for those sickened or killed in last year's salmonella outbreak tied to a Virginia-based peanut processor. U.S. Magistrate Judge Michael Urbanski in Lynchburg... Read More