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15 May 2020, 8:42 am by Wayne D. Holly
Michael Jackson was convicted following a plea to 30 counts of criminal conduct including making false statements in relation to a bankruptcy proceeding (18 U.S.C. 152(3)) and bankruptcy fraud (18 U.S.C. 157(1)). [read post]
15 May 2020, 8:42 am by Wayne D. Holly
Michael Jackson was convicted following a plea to 30 counts of criminal conduct including making false statements in relation to a bankruptcy proceeding (18 U.S.C. 152(3)) and bankruptcy fraud (18 U.S.C. 157(1)). [read post]
15 May 2020, 6:00 am
Hickok (Pepper Hamilton LLP), on Thursday, May 14, 2020 Tags: Bankruptcy, Class actions, COVID-19, Derivative suits, Disclosure, SEC, Section 10(b), Securities litigation, Securities regulation, Shareholder suits Human Capital, Front and Center Posted by Robert Main, Marc Lindsay, and Amy Hernandez, Sustainable Governance Partners, on Thursday, May 14, 2020 Tags: Boards of Directors, Compensation… [read post]
15 May 2020, 3:48 am
If you are facing this situation, speak with an experienced bankruptcy attorney about your options. [read post]
14 May 2020, 9:15 pm by Wayne D. Holly
Bankruptcy courts may authorize the retention of criminal counsel under section 329(e) of the Bankruptcy Code when the employment is in the best interest of the estate. [read post]
14 May 2020, 9:15 pm by Wayne D. Holly
Bankruptcy courts may authorize the retention of criminal counsel under section 329(e) of the Bankruptcy Code when the employment is in the best interest of the estate. [read post]
14 May 2020, 7:51 pm by Stephen Z. Starr
  Specific amendments were made to Subchapter V of Chapter 11 of the Bankruptcy Code to change and expand the availability of small business bankruptcy relief. [read post]
14 May 2020, 6:44 pm by George Triantis, Jared A. Ellias
It is troubling, though, that the federal government is ignoring the law that already exists for cushioning the blows associated with financial distress: the bankruptcy system. [read post]
14 May 2020, 3:20 pm
In a perfect world, your credit reports would magically be perfect after filing bankruptcy and receiving a discharge. [read post]
14 May 2020, 2:47 pm
"  If CashCall responded:  "We got 26,392 'Yes' answers," and we know they made 26,345 loans, well, shucks, then it looks like this case is a loser, and their alleged "firm offers of credit" really were firm offers, with just a small minority of loan applicants (47 of 26,392) falling out, presumably because some material change had transpired (a bankruptcy filing, a credit card default, a foreclosure, etc.) between the mailing of the letter… [read post]
14 May 2020, 1:59 pm by Cathy Moran
You can find out if your loan is owned by Fannie Mae or Freddie Mac, the huge governmental financing agencies through these look up tools: Fannie Mae Freddie Mac More on personal finances & coronavirus Paying your bills Tax deadlines moved Chapter 13 cases imperiled by lock-down Future of small business Thinking about filing bankruptcy The post Feds Offer Deferral Option For Home Mortgage Payments appeared first on Northern California Bankruptcy Lawyer. [read post]
14 May 2020, 12:09 pm by Phil Dixon
While circuits have split on the propriety of partial recusals—allowing a judge to recuse his or herself for only a portion of the proceedings rather than the whole case—the Fourth Circuit has condoned that approach in the bankruptcy context. [read post]
14 May 2020, 11:54 am by Tom Smith
Peter Orszag, a former official in Barack Obama’s White House and now with Lazard, an investment bank, warned that the American economy could face “a significant risk of cascading bankruptcies”. [read post]
14 May 2020, 10:41 am by Paul Fraidenburgh
Permissible expenditures of CARES Act grant funds that are particularly noteworthy in the wake of COVID-19 include: Payroll Legal Fees (including the costs of COVID-19 related litigation, Part 16 actions, and legal fees incurred to protect the airport’s interests in bankruptcy proceedings initiated by tenants or other airport users) Debt Servicing Prepayment of Long Term Contracts (for example: shuttle services, security, fire and police services, and janitorial services) Promotion of… [read post]
14 May 2020, 9:51 am by Robert Chewning, Esq.
The general purpose of filing a Chapter 11 and/or a Subchapter 5 bankruptcy is to allow a small business to continue to operate its business during bankruptcy and after the bankruptcy’s close. [read post]
14 May 2020, 8:51 am
Mark Perelman, Yale School of Management, has published A Bankruptcy History of the United States. [read post]
14 May 2020, 8:51 am by Christine Corcos
Mark Perelman, Yale School of Management, has published A Bankruptcy History of the United States. [read post]
14 May 2020, 8:42 am by Robbie Kenney
(WikiMedia Commons) “As the marathon of this financial recession drones on, more and more businesses are slipping deeper into debt and fast-approaching bankruptcy,” said Senator Pennacchio. [read post]