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4 Jun 2013, 2:16 am
What the rules cover The FRBP are organized into nine sections: Petition and Commencement of Case Officers and Administration Claims and Distribution Debtor Duties and Benefits Courts and Clerks Collection and Liquidation of Estate Adversary Proceedings Bankruptcy Appeals General Provisions Who Makes the Bankruptcy Rules? [read post]
26 Mar 2009, 8:54 am
They get paid more if they find more assets that are non-exempt, and that benefits creditors, because after payment of administrative expenses in a Chapter 7 Bankruptcy in Arizona, the proceeds from liquidation of the non-exempt assets go to pay creditors.Putting it a different way, do you think trustees are motivated to find assets you don't list? [read post]
17 May 2010, 5:21 pm
The Creditors' Committee, which also asked the bankruptcy court to reconsider its approval of the sale, expressed the concern that the appointment of additional professionals could jeopardize the administrative solvency of PTC's bankruptcy estates. [read post]
4 Jun 2014, 3:00 pm
Reno Fernandez is pleased to be hosting "There and Back Again: Delaware Bankruptcy Venue, Procedure and Law," a program discussing Delaware procedures for California lawyers, for BASF's Commercial Law & Bankruptcy Section over a white-linen lunch to be held at the City Club on Tuesday, June 10, 2014. [read post]
8 Feb 2007, 5:14 pm
Holders of administrative expense claims, gap period claims, and priority tax claims should not be classified by a Chapter 11 Plan, so the IRS ordinarily may not vote with respect to these types of claims…. [read post]
13 Mar 2010, 9:51 am
Check out the numbers: Bankruptcy filings in the federal courts rose 31.9 percent in calendar year 2009, according to data released by the Administrative Office of the U.S. [read post]
4 Mar 2022, 1:44 pm
” Second, Hope argues that the twice-yearly hearings in which prison administrators review his case violate the due process clause of the 14th Amendment. [read post]
15 Oct 2008, 8:17 am
On September 26, 2008, my partner Lawrence Gottlieb, the Chair of the Bankruptcy & Restructuring Group at Cooley Godward Kronish LLP, testified before the Subcommittee on Commercial and Administrative Law of the United States House of Representatives Committee on the Judiciary. [read post]
30 Apr 2009, 10:52 am
The government, which has already poured $4 billion in loans into Chrysler, would provide up to $8 billion more to carry the company through bankruptcy, said senior administration officials speaking on condition of anonymity. [read post]
13 Feb 2009, 4:17 pm
It reads, "Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for distribution to unsecured creditors. [read post]
2 Nov 2013, 5:12 pm
A recent bulletin by the Federal Housing Administration (FHA) announced a change in policy that will have a beneficial effect for those who have filed for bankruptcy and are looking to purchase a new home. [read post]
28 Jun 2021, 3:09 pm
Thus, a majority of courts have instead limited application of the automatic stay to actions, claims or rights asserted outside of the bankruptcy court, finding this policy consistent with the penultimate goal of the automatic stay: ensuring an orderly administration of the estate and equal treatment of similarly situated creditors.[9] What does this all mean for businesses in bankruptcy or those asserting claims against them? [read post]
31 Mar 2008, 1:25 pm
If bankruptcy professors at other schools want to talk about how to make International Bankruptcy available to their students in the spring of 2009, please contact me.Knowing David, I am sure his course administrator role has been stellar. [read post]
7 Jun 2011, 2:09 pm
Taxes incurred by the estate are an expense of administration. [read post]
4 Dec 2023, 1:42 pm
The Supreme Court has relied on the major questions doctrine in recent terms to invalidate the Biden administration’s student-loan debt relief program and to restrict the Environmental Protection Agency’s ability to regulate greenhouse gases. [read post]
8 May 2012, 7:18 am
These fees go to pay the administrative fees of filing the case (things like the Trustee’s fees and the cost of processing paper work). [read post]
27 May 2010, 2:51 pm
Under Section 1325(a)(8) of the Bankruptcy Code, http://www.law.cornell.edu/uscode/html/uscode11/usc_sec_11_00001325—-000-.html , the debtor must have paid all domestic support obligations that became due after filing under a judicial or administrative order, or by statute, in order to have a chapter 13 plan confirmed. [read post]
30 Sep 2011, 6:11 pm
Bankruptcy Courts increase again on November 1, 2011. [read post]
22 Jul 2019, 10:03 am
The purpose of the automatic stay is to give the debtor a breathing spell from its creditors and prevent the dissipation of the debtor’s assets during the administration of the bankruptcy case. [read post]
27 Sep 2008, 9:17 am
Some banks like Wells Fargo have a policy to place an administrative freeze on any account of a newly-filed Chapter 7 debtor with a balance exceeding $5,000. [read post]
