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30 Nov 2022, 12:51 pm by LawGina
 If both spouses owe the debt or have joint debts in a bankruptcy, the property is not exempt. [read post]
30 Nov 2022, 12:51 pm by LawGina
 If both spouses owe the debt or have joint debts in a bankruptcy, the property is not exempt. [read post]
30 Nov 2022, 7:30 am
Which brings us back to SBF and FTX — the bookkeeping that, according to the company’s bankruptcy lawyer, was less sloppy than nonexistent; the big bets that executives figured were only a liability if they lost.... [read post]
30 Nov 2022, 4:30 am by Eric Segall
" That standard is codified in the Official Code of Conduct rules applying to "United States circuit judges, district judges, Court of International Trade judges, Court of Federal Claims judges, bankruptcy judges, and magistrate judges. [read post]
29 Nov 2022, 6:35 pm by Cynthia Marcotte Stamer
Two mass shootings of workers at Walmarts in Virginia in less than a month and a series of other recent workplace shootings around the country should prompt other employers to evaluate the adequacy of their own workplace violence safeguards under and other laws. [read post]
29 Nov 2022, 6:18 pm by Sabrina I. Pacifici
(FTX)—one of the world’s largest and most well-known cryptocurrency exchanges—announced that it had “commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code” in Delaware. [read post]
29 Nov 2022, 11:59 am by Shane McCall
One other note, there continues to be a list of five “extraordinary circumstances” that a non-veteran minority owner can have veto power over: adding a new equity stakeholder; dissolution of the company; sale of the company; the merger of the company; and the company declaring bankruptcy. [read post]
29 Nov 2022, 10:54 am by Andrews & Thornton
Our law firm, Andrews & Thornton, along with a host of other law firms across the country including ASK LLP, have continued to represent approximately 60,000 claimants in the Purdue Pharma Bankruptcy case since Purdue originally filed for bankruptcy in September, 2019. [read post]
29 Nov 2022, 4:13 am by Bernard Bell
Can an agency properly invoke the deliberative process privilege to shield internal deliberations over a sham memo requesting that another agency take action, knowing that the recipient agency will use the request to hide the real reason for its contemplated action? [read post]
29 Nov 2022, 3:15 am by Liz Dunshee
It’s getting hard to keep up with all of the crypto collapses that have followed the FTX implosion, but apparently BlockFi filed for bankruptcy yesterday. [read post]
28 Nov 2022, 12:56 pm by Cynthia Marcotte Stamer
More than $9.6 million in penalties imposed by the Occupational Safety and Health Administration (“OSHA”) against Dollar General Corp. and Dolgencorp LLC – operator of more than 18,000 Dollar General discount stores in 47 states (“Dollar General”) send a clear warning to other businesses to both ensure their safety processes and resources can withstand a safety event or audit under the Occupational Safety and Health Act (“OSH Act”) and to effectively address… [read post]
28 Nov 2022, 11:08 am by Associated Press
The post BlockFi seeks bankruptcy protection as FTX collapse rattles cryptocurrency market first appeared on Maryland Daily Record. [read post]
28 Nov 2022, 8:13 am by Hunton Andrews Kurth LLP
The proliferation of cryptocurrencies and other digital assets, and the related new financing and investment structures, have caused thorny issues and concerns, including bankruptcy concerns. [read post]
28 Nov 2022, 7:27 am by Hedge Fund Lawyer
  As managers deal with questions from investors, or how they will proceed with their operations post-FTX bankruptcy, they may want to be thinking about the following items: Side Pockets – some managers may have seen their investment in FTX turn from individual crypto assets into a single asset (a bankruptcy claim) that has much different liquidity parameters. [read post]
28 Nov 2022, 3:30 am by Col Ovik
The property of the bankruptcy estate cannot be removed from the bankruptcy court’s exclusive jurisdiction except by proceedings in the bankruptcy court. [read post]
28 Nov 2022, 3:27 am by Hedge Fund Lawyer
  As managers deal with questions from investors, or how they will proceed with their operations post-FTX bankruptcy, they may want to be thinking about the following items: Side Pockets – some managers may have seen their investment in FTX turn from individual crypto assets into a single asset (a bankruptcy claim) that has much different liquidity parameters. [read post]
27 Nov 2022, 7:09 pm by Hedge Fund Lawyer
Contracting for the Sale of a FTX Bankruptcy Claim There are a number of digital asset focused funds that have their assets on FTX frozen pending the bankruptcy process. [read post]