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17 Feb 2024, 3:30 am
For example, in Chapter 13 Bankruptcy, the plan duration is limited to 3-5 years. [read post]
16 Feb 2024, 6:12 pm by Howard Bashman
The post “Alito Pauses Boy Scouts Bankruptcy Abuse Deal Amid Fund Question; Case paused until full Supreme Court can weigh in; Question over proposed settlement fund to compensate abuse victims” appeared first on How Appealing. [read post]
16 Feb 2024, 6:02 pm by Yosi Yahoudai
With hopes of eventually getting paid, Lendlease and several subcontractors filed a petition in federal court this week asking a judge to force Oceanwide into involuntary bankruptcy. [read post]
16 Feb 2024, 12:30 pm by John Ross
And in additional en banc news, the Fifth Circuit will not reconsider its ruling that when a trucking company was forced into bankruptcy by two civil lawsuits arising out of a fatal traffic accident, $1 million in insurance proceeds paid to one of the victims was property of the bankruptcy estate and must be returned to the pot so that the other victim's estate gets its fair share. [read post]
16 Feb 2024, 5:00 am
In part, the Plaintiff asserted that the administrative dismissal was improper as no action should have been taken in the matter due to the pending bankruptcy of Sears Holding and the automatic stay issued by the bankruptcy court. [read post]
16 Feb 2024, 4:05 am by jweil
Schedule a free bankruptcy consultation with Jennifer Weil, a New Jersey bankruptcy attorney, to discuss your options. [read post]
15 Feb 2024, 6:34 pm by Howard Bashman
“Boy Scouts Urge Supreme Court Not to Freeze Bankruptcy Plan; Bankruptcy plan shouldn’t be paused, nonprofit tells high court; Boy Scouts case faces challenge over third-party releases”: Alex Wolf of Bloomberg Law has this report. [read post]
15 Feb 2024, 5:49 pm by Iorio Altamirano
On February 15, 2024, the GWG Wind Down Trust filed a status report with the United States Bankruptcy Court for the Southern District of Texas for the quarter ending December 31, 2023. [read post]
In 1986, the United States Football League (USFL), facing bankruptcy, challenged and defeated the NFL in an antitrust lawsuit. [read post]
15 Feb 2024, 2:45 pm by Jason Noakes and Michael Nightingale
In the period leading up to liquidation or bankruptcy, employers often look at incrementally decreasing their workforce to minimise operating costs, and may become a “small business employer” as a result of such workforce decreases. [read post]
15 Feb 2024, 2:00 pm by Neil H. Buchanan
  Bonus points in the accusations-as-confessions game for Trump's saying that this is justified because "[y]ou gotta pay your bills," which is just delicious coming from the man whose business model boils down to: "Refuse to pay, and then declare bankruptcy. [read post]
15 Feb 2024, 10:05 am by Richard West
When a debtor files for bankruptcy, their tax obligations become part of the bankruptcy estate. [read post]
14 Feb 2024, 8:13 am by Cathy Moran
The post Acing Bankruptcy’s Means Test For Those Over Median Income appeared first on Northern California Bankruptcy Lawyer. [read post]
14 Feb 2024, 8:13 am by Cathy Moran
Doing the means test yourself The post Acing Bankruptcy’s Means Test For Those Over Median Income appeared first on Northern California Bankruptcy Lawyer. [read post]
14 Feb 2024, 5:30 am by Amanda Scharber
You may hear a creditor of yours is secured or has a security interest and wonder what this means. [read post]
14 Feb 2024, 4:00 am by Howard Friedman
Suit was filed last month in a New York federal bankruptcy court against several rabbinical courts, rabbis, and other defendants charging Sherman Act and RICO violations. [read post]
14 Feb 2024, 3:50 am by jweil
Schedule a free bankruptcy consultation with Jennifer Weil, a New Jersey bankruptcy attorney, to discuss your options. [read post]
13 Feb 2024, 6:00 am by Public Employment Law Press
(NYRA), a not-for-profit corporation that holds the exclusive franchise rights to operate New York State’s three major thoroughbred racetracks, entered into a bankruptcy settlement agreement in September 2008, conveying all rights, titles, and interests in its racetracks to the State. [read post]