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31 Jul 2011, 8:51 am by Howard Friedman
On July 28, the federal bankruptcy court for the District of Delaware issued an order confirming the Chapter 11 Plan of Reorganization for the Catholic Diocese of Wilmington. [read post]
31 Jul 2011, 7:43 am by Tomassi Law Associates
He notes that the rise in oil prices has decreased the number of Chapter 11 bankruptcy filings; Chapter 11 of the US Bankruptcy Code allows a debtor-business to reorganize and refinance debts to bar insolvency pursuant to a payment plan. [read post]
29 Jul 2011, 5:23 pm by Mandelman
Hillman upheld the validity of MERS serving as “nominee” when he granted a servicer’s motion for relief from stay in a Chapter 13 bankruptcy proceeding. [read post]
18 Jul 2011, 6:00 am by Frank Pasquale
I have made a preliminary case for such reforms in my chapter Reputation Regulation, in this book. [read post]
17 Jul 2011, 8:16 pm by Frank Pasquale
I have made a preliminary case for such reforms in my chapter Reputation Regulation, in this book. [read post]
14 Jul 2011, 3:18 pm by Glenn Reynolds
Not only was the bailout unnecessary to save the American automotive industry but the politicized bankruptcy process left both General Motors and Chrysler in a weaker competitive position than if they had simply reorganized in a standard chapter 11 process. [read post]
That, too, can take several months while a proper accounting is prepared, taxes are filed and the trustee ensures that all creditors are include in the distribution. 11. [read post]
That, too, can take several months while a proper accounting is prepared, taxes are filed and the trustee ensures that all creditors are include in the distribution. 11. [read post]
29 Jun 2011, 2:57 pm by Erik J. Heels
  It took 16 years but it's done. http://www.readwriteweb.com/archives/milestone_the_web_finally_surpasses_newspapers_as.php * Borders Bookstore Declares Bankruptcy (2011-02-17) I still like paper books but many prefer ebooks. http://www.businesspundit.com/borders-files-chapter-11-bankruptcy/ * The Verizon iPhone (2011-01-11) iPhone is now the most popular smart phone for AT&T AND Verizon.… [read post]
28 Jun 2011, 2:56 pm
For bankruptcy practitioners, it is yet another chapter in an even more epic saga – that of the back-and-forth between Congress and the Supreme Court over the jurisdictional limits of the nation’s bankruptcy courts. [read post]
28 Jun 2011, 2:56 pm
For bankruptcy practitioners, it is yet another chapter in an even more epic saga – that of the back-and-forth between Congress and the Supreme Court over the jurisdictional limits of the nation’s bankruptcy courts. [read post]
20 Jun 2011, 10:44 am by Tomassi Law Associates
Under the Chapter 11 filing, Linden Ponds will reduce its debt while the administration and its residents are protected from creditors. [read post]
15 Jun 2011, 9:21 am by Jonathan Alper
 A recently decided district court case in the Middle District of Florida considered a Chapter 7 bankruptcy case wherein a trustee wanted debtors to surrender and move out of their upside down homestead so that the trustee can market the property. [read post]
15 Jun 2011, 7:22 am by Howard Friedman
A California federal bankruptcy court has declared the federal Defense of Marriage Act unconstitutional insofar as it would preclude a same-sex married couple from filing a joint bankruptcy petition under Chapter 13 of the Bankruptcy Code. 11 USC 302 permits joint petitions by a debtor and the debtor's spouse. [read post]
13 Jun 2011, 3:13 pm
The ruling, In re Balas & Morales, Chapter 13 case No. 11-17831, Memorandum of Decision, Docket No. 47(Bankr. [read post]
13 Jun 2011, 10:07 am by Kali Borkoski
United States (No. 10-875) (case page forthcoming) (whether Section 1399 of the Internal Revenue Code , which provides that a bankruptcy filing other than an individual Chapter 7 or Chapter 11 does not give rise to a “separate taxable entity,” means that the capital gains income tax incurred due to the sale of the petitioners’ family farm is not a Bankruptcy Code administrative expense owed by the bankruptcy estate and… [read post]
28 May 2011, 10:53 pm
Book lovers were stunned last February when Borders filed for Chapter 11 bankruptcy. [read post]