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Weil Gotshal Named Top Firm for Bankruptcy/Creditors’ Rights in Vault 2011 Survey

Vault has released the "Best Law Firms in Each Practice Area" rankings for 2011 and has named Weil, Gotshal & Manges LLP the top firm for Bankruptcy and Creditor's Rights. Quote of the survey is, "Where else would you want to be...

Stephen Sather
Ninth Circuit BAP Finds Wells Fargo Freeze Policy Violates Automatic Stay

Breaking with judges in Texas and New Mexico, the Ninth Circuit Bankruptcy Appellate Panel has found that an administrative freeze policy utilized by Wells Fargo Bank violates the automatic stay. No. 09-1408, Mwangi v. Wells Fargo Bank, N.A. (Ninth Cir...

J. Michael McBride
A Reality TV Person Lies? Really…

Imagine the shock when the "star" of reality series Desperate Housewives of New Jersey found out that to lie in your bankruptcy is a federal crime and can result in having your discharge (the flushing of all the debts) denied altogether. ...

Neil E. Harl
Continue Business to Protect Gains Triggered in Chapter 12 Bankruptcy from Tax

Absent definitive decisions in the applicable Circuit, bankruptcy chapter 12 debtors should consider pursuing a strategy of partial liquidation, paying available proceeds to secured lenders, and then utilizing the bankruptcy to deal with the taxes...

J. Cornell, D. Hagen, L. Jesner, T. Eschbach-Hall
Key Employee Benefits Issues in a Sale of Assets under Section 363 of the Bankruptcy Code

This article is an excerpt from the forthcoming Second Edition of Collier Monograph: Employee Benefits and Executive Compensation in Corporate Bankruptcy , written by John R. Cornell, Daniel C, Hagen, Tricia Eschbach-Hall and Lisa Rothman Jesner...

LexisNexis Legal Business Community Staff
LexisNexis® Bankruptcy Law Community Podcast featuring Deanne Loonin on the Private Student Loan Bankruptcy Fairness Act of 2010

On this edition, Deanne Loonin of the National Consumer Law Center and the Director of NCLC's Student Loan Borrower Assistance Project, discusses testifying before Congress regarding the Private Student Loan Bankruptcy Fairness Act of 2010, changes...

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