LexisNexis® Legal Newsroom
LexisNexis Legal Business Community Staff
Podcast: Retired Bankruptcy Judge A. Thomas Small Discusses Mental Illness in Bankruptcy Cases

On this edition, Judge A. Thomas Small (Ret.) discusses the growing trend of involvement of mental illness in bankruptcy cases. Judge Small discusses how mental illness can be an issue in a case and how such an illness can affect the way a bankruptcy...

J. Michael McBride
Ranger Confirmation Follows Late Night

Last night, the auction process continued until the wee hours of the morning, with Judge Nelms presiding. As an aside, the switch of Judges, from Lynn to Nelms, was done so that the parties involved with the auction could share information with the auctioning...

J. Michael McBride
Texas Rangers Auction: 10 Hours Later….

The bid by local favorite Nolan Ryan - Chuck Greenburg seems to have carried the day - or should we say night since it wrapped up at about 3 a.m. in the Federal Courthouse in Fort Worth, Texas, with the other local Bankruptcy Judge presiding over the...

J. Michael McBride
Texas Rangers Auction

This link is to a blog from a reporter who is on the scene following the events in the Fort Worth Courtroom and posting information often by the minute. http://www.nbcdfw.com/news/sports/Live-Blog-Rangers-Auction-99939404.html That author, NBCDFW...

J. Michael McBride
RANDOM BANKRUPTCY FACTOIDS - Part II

One creditor may file for an involuntary bankruptcy proceeding against a borrower, if the borrower has less than 12 creditors and the aggregate undisputed debts are $13,475 or less. If the debtor has more than 12 creditors and the aggregate total of undisputed...

J. Michael McBride
RANDOM BANKRUPTCY FACTOIDS

The Means Test is the standard adopted in the 2005 amendments to the Bankruptcy Code to prevent individual high wage earners from filing a Chapter 7 liquidation. However, if more than half of the individual's debt is related to a failed business,...